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Lambert

Learn about the people, housing, costs and businesses in Lambert, Missouri

Median Home$193,400
Median Rent$988/month
Population50
Leading IndustriesTransportation · Construction · Agriculture & Mining8% transportation
Home Value Growth⬆⬆+13.7% over 2 years
Young Adults33% of residentswell above average
Homeowners76% of occupied units
Lambert
MO

Frequently Asked Questions

What are today's mortgage rates in Lambert?

As of today, the 30-year fixed mortgage rate for Lambert is approximately 7.046% (7.087% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lambert?

The median home value in Lambert is $193k. The median monthly rent is $988. Annual property taxes average $992. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lambert?

Home values in Lambert have increased 13.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lambert?

Based on a typical all-in ownership cost of $888/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lambert is $65k/year.

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What industries drive the economy in Lambert?

The largest employment sectors in Lambert are public administration (24%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.