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These days, finding an affordable place to live in the Lake Delaware area can be challenging. Home prices in Lake Delaware are now at a median cost of $279,071, lower than the New York average of $610,895.
The average cost of rent is $931/mo in Lake Delaware, primarily driven by the current value of real estate in the Lake Delaware area. In Lake Delaware, 25.97% of households rent, and 60.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Delaware is $5,798 per month. Households that rent pay about 16.05% of their income on rent here. Lake Delaware’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bovina Center, NY: higher priced homes
- Andes, NY: equally priced homes
- DeLancey, NY: less expensive homes
- Delhi, NY: less expensive homes
- Shinhopple, NY: less expensive homes
- New Kingston, NY: less expensive homes
- Fraser, NY: less expensive homes
- Bloomville, NY: less expensive homes
- Hamden, NY: less expensive homes
- South Kortright, NY: less expensive homes
Cities with Similar Populations
- Romines Mills, WV: equally priced homes
- Middlefield Center, NY: less expensive homes
- Middleton, AL: less expensive homes
- Milberger, KS: less expensive homes
- Millston, WI: less expensive homes
- Millville, IA: less expensive homes
- Minden, WV: less expensive homes
- Minnesota, GA: less expensive homes
- Monford, KY: less expensive homes
- Mooresville, MO: less expensive homes
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