Rent is lower than in 81% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $44,280 a year. That is $21 an hour at a full-time job.
Is rent cheaper than other New York cities?
Yes. Rent here is cheaper than in most of New York. It is number 28 of 343 cities from cheapest to most expensive.
How much do households earn in Lockport?
Share of households by yearly income. 18.6% of households earn $100,000 or more.
Rent by apartment size in Lockport
| Size | Lockport | U.S. average |
|---|---|---|
| Studio | $732 | $1,338 |
| 1 bedroom | $674 | $1,324 |
| 2 bedrooms | $1,082 | $1,509 |
| 3 bedrooms | $1,298 | $1,698 |
| 4 bedrooms | $1,582 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lockport overall?
Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lockport, so the New York figure is shown.
Taxes and bills in Lockport
Life in Lockport
Is it cheaper to rent or buy in Lockport?
Buying is cheaper month to month: about $136 a month less than renting.
Owning assumes a typical $139,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,990 for the down payment.
Frequently asked questions
What is the average rent in Lockport, NY?
Renting in Lockport costs a median of about $1,107 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Lockport?
To keep rent under 30% of income, you need about $44,280 a year, or $21 an hour at a full-time job.
Is Lockport cheap or expensive?
Lockport is rated Cheap: rent takes 19.7% of the typical household income of $67,309. It ranks 28th cheapest of 343 New York cities we track.
How much are property taxes in Lockport?
The median homeowner in Lockport pays $4,022 a year in property taxes, about 2.87% of the median home value.
Is Lockport more expensive than the national average?
Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Lockport?
The median home value in Lockport is $139,900, about 2.1 times the typical yearly household income.
20,610 people live in Lockport. Numbers are typical (middle) values.