The Most Affordable Neighborhoods in Lomond Shore, NY by Home Value

 

Lomond Shore, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lomond Shore area can be challenging. Home prices in Lomond Shore are now at a median cost of $123,400, lower than the New York average of $481,023.

The average cost of rent is $835/mo in Lomond Shore, primarily driven by the current value of real estate in the Lomond Shore area. While nearly 46.46% of residents own their homes outright in Lomond Shore, 8.22% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lomond Shore is $6,477 per month. Households that rent pay about 12.89% of their income on rent here. Lomond Shore's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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