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Affordable
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These days, finding an affordable place to live in the Lockwood area can be challenging. Home prices in Lockwood are now at a median cost of $130,142, lower than the New York average of $610,895.
The average cost of rent is $1,104/mo in Lockwood, primarily driven by the current value of real estate in the Lockwood area. In Lockwood, 14.02% of households rent, and 53.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lockwood is $8,057 per month. Households that rent pay about 13.70% of their income on rent here. Lockwood’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glencairn, NY: equally priced homes
- Van Etten, NY: higher priced homes
- Chemung, NY: equally priced homes
- Erin, NY: equally priced homes
- Waverly, NY: higher priced homes
- North Chemung, NY: higher priced homes
- Lowman, NY: equally priced homes
- Barton, NY: equally priced homes
- Spencer, NY: higher priced homes
- South Waverly, PA: higher priced homes
Cities with Similar Populations
- Washburn, IL: equally priced homes
- Calvert, TX: equally priced homes
- Canton, KS: higher priced homes
- Cavines, TX: higher priced homes
- Claridge, PA: higher priced homes
- Coloma, IN: higher priced homes
- Colt, AR: less expensive homes
- Colver, PA: less expensive homes
- Diaz, AR: less expensive homes
- Tonieville, KY: higher priced homes
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