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These days, finding an affordable place to live in the Lake Ronkonkoma area can be challenging. Home prices in Lake Ronkonkoma are now at a median cost of $506,386, lower than the New York average of $610,895.
The average cost of rent is $2,207/mo in Lake Ronkonkoma, primarily driven by the current value of real estate in the Lake Ronkonkoma area. In Lake Ronkonkoma, 32.65% of households rent, and 30.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Ronkonkoma is $8,272 per month. Households that rent pay about 26.69% of their income on rent here. Lake Ronkonkoma’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ronkonkoma, NY: equally priced homes
- Lake Grove, NY: higher priced homes
- Nesconset, NY: higher priced homes
- Holbrook, NY: equally priced homes
- Centereach, NY: equally priced homes
- Islandia, NY: less expensive homes
- Holtsville, NY: equally priced homes
- Farmingville, NY: equally priced homes
- Bohemia, NY: equally priced homes
- St. James, NY: higher priced homes
Cities with Similar Populations
- Plaquemine, LA: less expensive homes
- North Bend, WA: higher priced homes
- North New Hyde Park, NY: higher priced homes
- Northampton, MA: equally priced homes
- Northview, MI: less expensive homes
- Pacific Grove, CA: higher priced homes
- Palmetto Estates, FL: less expensive homes
- Penuelas, PR: less expensive homes
- Plano, IL: less expensive homes
- North Auburn, CA: higher priced homes
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