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These days, finding an affordable place to live in the Greenwood Lake area can be challenging. Home prices in Greenwood Lake are now at a median cost of $375,725, lower than the New York average of $610,895.
The average cost of rent is $1,525/mo in Greenwood Lake, primarily driven by the current value of real estate in the Greenwood Lake area. In Greenwood Lake, 24.37% of households rent, and 33.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood Lake is $9,070 per month. Households that rent pay about 16.81% of their income on rent here. Greenwood Lake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sterling Forest, NY: higher priced homes
- Wisner, NY: higher priced homes
- Hewitt, NJ: higher priced homes
- Warwick, NY: higher priced homes
- Tuxedo Park, NY: higher priced homes
- Upper Greenwood Lake, NJ: equally priced homes
- Southfields, NY: higher priced homes
- Sugar Loaf, NY: higher priced homes
- Sloatsburg, NY: higher priced homes
- Arden, NY: higher priced homes
Cities with Similar Populations
- Tawas City, MI: less expensive homes
- Montello, WI: less expensive homes
- Preston, CT: equally priced homes
- Moody, TX: less expensive homes
- Wingdale, NY: equally priced homes
- West Liberty, IA: less expensive homes
- West Lebanon, NH: equally priced homes
- Welsh, LA: less expensive homes
- Stillwater, NY: less expensive homes
- Smithfield, PA: less expensive homes
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