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Affordable
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These days, finding an affordable place to live in the Indian Lake area can be challenging. Home prices in Indian Lake are now at a median cost of $240,854, lower than the New York average of $610,895.
The average cost of rent is $876/mo in Indian Lake, primarily driven by the current value of real estate in the Indian Lake area. In Indian Lake, 20.26% of households rent, and 46.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Indian Lake is $5,142 per month. Households that rent pay about 17.03% of their income on rent here. Indian Lake’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sabael, NY: less expensive homes
- Blue Mountain Lake, NY: higher priced homes
- North River, NY: equally priced homes
- Newcomb, NY: equally priced homes
- Bakers Mills, NY: equally priced homes
- Minerva, NY: less expensive homes
- Long Lake, NY: higher priced homes
- North Creek, NY: equally priced homes
- Edwards Hill, NY: less expensive homes
- Olmstedville, NY: less expensive homes
Cities with Similar Populations
- Pippa Passes, KY: less expensive homes
- New Martinsburg, OH: less expensive homes
- North Shores, DE: higher priced homes
- Norwood, IL: less expensive homes
- Oakhurst, OK: less expensive homes
- Oneida, IL: less expensive homes
- Orwell, VT: higher priced homes
- Palermo, ME: equally priced homes
- Parmelee, SD: less expensive homes
- Peace Valley, MO: less expensive homes
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