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

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 $162,800, lower than the New York average of $610,895.

The average cost of rent is $810/mo in Lomond Shore, primarily driven by the current value of real estate in the Lomond Shore area. In Lomond Shore, 5.08% of households rent, and 47.44% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lomond Shore is $6,865 per month. Households that rent pay about 11.80% 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.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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