Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lackawanna area can be challenging. Home prices in Lackawanna are now at a median cost of $104,080, lower than the New York average of $481,023.
The average cost of rent is $763/mo in Lackawanna, primarily driven by the current value of real estate in the Lackawanna area. While nearly 48.18% of residents own their homes outright in Lackawanna, 40.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lackawanna is $3,762 per month. Households that rent pay about 20.28% of their income on rent here. Lackawanna's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Blasdell, NY: higher priced homes
- West Seneca, NY: higher priced homes
- Orchard Park, NY: higher priced homes
- Sloan, NY: less expensive homes
- Hamburg, NY: higher priced homes
- Cheektowaga, NY: higher priced homes
- Wanakah, NY: higher priced homes
- Buffalo, NY: higher priced homes
- DePew, NY: higher priced homes
- Lakeview, NY: higher priced homes
Cities with Similar Populations
- Nogueras, PR: higher priced homes
- Orocovis, PR: less expensive homes
- Orinda, CA: higher priced homes
- Oregon, OH: higher priced homes
- Ontario, OR: higher priced homes
- Olivehurst, CA: higher priced homes
- Old Hickory, TN: higher priced homes
- Northdale, FL: higher priced homes
- North Massapequa, NY: higher priced homes
- North Bay Shore, NY: higher priced homes
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