Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lorraine area can be challenging. Home prices in Lorraine are now at a median cost of $129,142, lower than the New York average of $481,023.
The average cost of rent is $805/mo in Lorraine, primarily driven by the current value of real estate in the Lorraine area. While nearly 38.02% of residents own their homes outright in Lorraine, 6.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lorraine is $6,094 per month. Households that rent pay about 13.20% of their income on rent here. Lorraine's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Worth, NY: higher priced homes
- Allendale, NY: equally priced homes
- Pierrepont Manor, NY: less expensive homes
- Adams, NY: higher priced homes
- Rodman, NY: higher priced homes
- Taylor Settlement, NY: equally priced homes
- Barnes Corners, NY: equally priced homes
- Zoar, NY: higher priced homes
- Mannsville, NY: less expensive homes
- Adams Center, NY: higher priced homes
Cities with Similar Populations
- Bronson, KS: less expensive homes
- Wallops Island, VA: higher priced homes
- Wallace, GA: less expensive homes
- Valley Center, MI: equally priced homes
- Callao, MO: less expensive homes
- Buffalo Ridge, SD: higher priced homes
- Buena Vista, TN: less expensive homes
- Brushy, OK: less expensive homes
- Brooks, ME: equally priced homes
- Brookfield, NY: less expensive homes
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