Lake Success renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Lake Success is about $2,140 per month. This puts it in the 94th percentile compared to the state average cost of rent, which is $1,514. Households in Lake Success have a median income of $19,000 per month so the average renter in Lake Success is spending roughly 11% of their earnings on housing.
Nationally, and in Lake Success, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake Success is $1,318,831 right now, which is higher than nearby cities, meaning that rents in Lake Success also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Lake Success while lower rent rates are often available in southeastern areas.
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