Rent here is among the lowest 10% of all 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 $31,400 a year. That is $15 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 3 of 343 cities from cheapest to most expensive.
How much do households earn in South Lockport?
Share of households by yearly income. 19.7% of households earn $100,000 or more.
Rent by apartment size in South Lockport
| Size | South Lockport | U.S. average |
|---|---|---|
| 1 bedroom | $626 | $1,324 |
| 2 bedrooms | $959 | $1,509 |
| 3 bedrooms | $1,509 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is South 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 South Lockport, so the New York figure is shown.
Taxes and bills in South Lockport
Life in South Lockport
Is it cheaper to rent or buy in South Lockport?
Renting is cheaper right now: about $350 a month less.
Owning assumes a typical $163,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,360 for the down payment.
Frequently asked questions
What is the average rent in South Lockport, NY?
Renting in South Lockport costs a median of about $785 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in South Lockport?
To keep rent under 30% of income, you need about $31,400 a year, or $15 an hour at a full-time job.
Is South Lockport cheap or expensive?
South Lockport is rated Cheap: rent takes 15.6% of the typical household income of $60,575. It ranks 3rd cheapest of 343 New York cities we track.
How much are property taxes in South Lockport?
The median homeowner in South Lockport pays $5,398 a year in property taxes, about 3.30% of the median home value.
Is South 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 South Lockport?
The median home value in South Lockport is $163,600, about 2.7 times the typical yearly household income.
9,144 people live in South Lockport. Numbers are typical (middle) values.