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These days, finding an affordable place to live in the Lake Erie Beach area can be challenging. Home prices in Lake Erie Beach are now at a median cost of $163,275, lower than the New York average of $610,895.
The average cost of rent is $951/mo in Lake Erie Beach, primarily driven by the current value of real estate in the Lake Erie Beach area. In Lake Erie Beach, 1.47% of households rent, and 47.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Erie Beach is $5,437 per month. Households that rent pay about 17.49% of their income on rent here. Lake Erie Beach’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Farnham, NY: higher priced homes
- Angola on the Lake, NY: higher priced homes
- Angola, NY: equally priced homes
- Irving, NY: less expensive homes
- Brant, NY: higher priced homes
- Derby, NY: higher priced homes
- Silver Creek, NY: equally priced homes
- North Collins, NY: higher priced homes
- North Evans, NY: higher priced homes
- Smith Mills, NY: less expensive homes
Cities with Similar Populations
- Spencerville, IN: higher priced homes
- Jonesville, LA: less expensive homes
- Lovell, WY: higher priced homes
- Manti, UT: higher priced homes
- McLeansboro, IL: less expensive homes
- Amanda, OH: higher priced homes
- Okemah, OK: less expensive homes
- Richmond, UT: higher priced homes
- Romney, WV: higher priced homes
- Santa Maria, PR: less expensive homes
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