The Most Affordable Neighborhoods in Ballston Lake, NY by Home Value

 

Ballston Lake, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ballston Lake area can be challenging. Home prices in Ballston Lake are now at a median cost of $387,376, lower than the New York average of $481,023.

The average cost of rent is $1,398/mo in Ballston Lake, primarily driven by the current value of real estate in the Ballston Lake area. While nearly 49.36% of residents own their homes outright in Ballston Lake, 16.04% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ballston Lake is $9,423 per month. Households that rent pay about 14.84% of their income on rent here. Ballston Lake's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.


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