Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Niagara Falls area can be challenging. Home prices in Niagara Falls are now at a median cost of $107,662, lower than the New York average of $481,023.
The average cost of rent is $760/mo in Niagara Falls, primarily driven by the current value of real estate in the Niagara Falls area. While nearly 51.22% of residents own their homes outright in Niagara Falls, 35.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Niagara Falls is $4,460 per month. Households that rent pay about 17.04% of their income on rent here. Niagara Falls's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Niagara University, NY: equally priced homes
- Sandy Beach, NY: higher priced homes
- Lewiston, NY: higher priced homes
- Grand Island, NY: higher priced homes
- Sanborn, NY: higher priced homes
- Stella Niagara, NY: higher priced homes
- North Tonawanda, NY: higher priced homes
- Shawnee, NY: higher priced homes
- Youngstown, NY: higher priced homes
- Ransomville, NY: higher priced homes
Cities with Similar Populations
- Belleville, IL: higher priced homes
- Blaine, MN: higher priced homes
- Burnsville, MN: higher priced homes
- Casa Grande, AZ: higher priced homes
- Castro Valley, CA: higher priced homes
- West Bloomfield, MI: higher priced homes
- Martinsburg, WV: higher priced homes
- Mechanicsville, VA: higher priced homes
- North Richland Hills, TX: higher priced homes
- Port Orange, FL: higher priced homes
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