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These days, finding an affordable place to live in the Lockport area can be challenging. Home prices in Lockport are now at a median cost of $187,424, lower than the Indiana average of $232,932.
The average cost of rent is $839/mo in Lockport, primarily driven by the current value of real estate in the Lockport area. In Lockport, 12.59% of households rent, and 41.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lockport is $6,953 per month. Households that rent pay about 12.07% of their income on rent here. Lockport’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Burnettsville, IN: less expensive homes
- Idaville, IN: less expensive homes
- Royal Center, IN: less expensive homes
- Clymers, IN: less expensive homes
- Patton, IN: equally priced homes
- Sitka, IN: equally priced homes
- Sleeth, IN: equally priced homes
- Yeoman, IN: equally priced homes
- Headlee, IN: equally priced homes
- Monticello, IN: equally priced homes
Cities with Similar Populations
- Greenlee, NC: higher priced homes
- Stremmels, PA: higher priced homes
- Straightstone, VA: equally priced homes
- Harrison, MT: higher priced homes
- Halls Corners, OH: less expensive homes
- Hailey, MO: less expensive homes
- Guy, KY: equally priced homes
- Guildhall, VT: equally priced homes
- Groseclose, VA: less expensive homes
- Grooverville, GA: higher priced homes
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