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These days, finding an affordable place to live in the Ontario on the Lake area can be challenging. Home prices in Ontario on the Lake are now at a median cost of $322,465, lower than the New York average of $610,895.
The average cost of rent is $962/mo in Ontario on the Lake, primarily driven by the current value of real estate in the Ontario on the Lake area. In Ontario on the Lake, 4.26% of households rent, and 34.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ontario on the Lake is $9,002 per month. Households that rent pay about 10.68% of their income on rent here. Ontario on the Lake’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.
Nearby Cities
- Ontario, NY: less expensive homes
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- Penfield, NY: equally priced homes
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- Marion, NY: less expensive homes
Cities with Similar Populations
- San Haven, ND: less expensive homes
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- Hullsville, NY: less expensive homes
- Iago, TX: less expensive homes
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