Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Point Lookout area can be challenging. Home prices in Point Lookout are now at a median cost of $834,181, higher than the New York average of $481,023.
The average cost of rent is $3,483/mo in Point Lookout, primarily driven by the current value of real estate in the Point Lookout area. While nearly 34.65% of residents own their homes outright in Point Lookout, 22.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Point Lookout is $13,579 per month. Households that rent pay about 25.65% of their income on rent here. Point Lookout's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
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