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

 

Caroga Lake, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Caroga Lake area can be challenging. Home prices in Caroga Lake are now at a median cost of $178,146, lower than the New York average of $610,895.

The average cost of rent is $773/mo in Caroga Lake, primarily driven by the current value of real estate in the Caroga Lake area. In Caroga Lake, 8.34% of households rent, and 53.19% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Caroga Lake is $5,555 per month. Households that rent pay about 13.92% of their income on rent here. Caroga Lake’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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