Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Otter Lake area can be challenging. Home prices in Otter Lake are now at a median cost of $170,534, lower than the New York average of $481,023.
The average cost of rent is $597/mo in Otter Lake, primarily driven by the current value of real estate in the Otter Lake area. While nearly 70.48% of residents own their homes outright in Otter Lake, 7.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Otter Lake is $5,486 per month. Households that rent pay about 10.87% of their income on rent here. Otter Lake's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Woodgate, NY: equally priced homes
- Forestport, NY: less expensive homes
- Lyonsdale, NY: less expensive homes
- Thendara, NY: higher priced homes
- Port Leyden, NY: less expensive homes
- Brantingham, NY: equally priced homes
- Hawkinsville, NY: higher priced homes
- Old Forge, NY: higher priced homes
- Lyons Falls, NY: less expensive homes
- Greig, NY: less expensive homes
Cities with Similar Populations
- Perryville, AK: less expensive homes
- Pillar Point, NY: equally priced homes
- Pike, WV: less expensive homes
- Pierce, WV: less expensive homes
- Pickens, WV: less expensive homes
- Phillipstown, IL: less expensive homes
- Pettit, TX: less expensive homes
- Peterson, IN: higher priced homes
- Peruque, MO: equally priced homes
- Pillsbury, ND: equally priced homes
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