Home prices
The median home cost in Lackawanna is $94,700. Compared to nearby areas this is approximately $49,300 (34%) lower.Compared to the rest of the country it is about $122,800 (56%) lower, and in comparison to the city of Buffalo it is approximately $4,900 (5%) higher.
Rents
The median monthly rent in Lackawanna is $656. Compared to other places in this area this is approximately $153 (18%) lower.It is approximately $406 (38%) lower in comparison to the entire country, and is about $120 (15%) lower compared to the city of Buffalo.
Nearby places
Blasdell
Blasdell is Lackawanna's neighbor to the south. The real estate prices there are a little more expensive. The median home in Blasdell costs $106,800, which comes out to $12,100 (11%) higher than Lackawanna. The rent there is a bit more expensive. Blasdell's median rent is $701 per month, which comes out to $45 (6%) higher than Lackawanna.
West Seneca
West Seneca is Lackawanna's neighbor to the east. Housing prices there are substantially more expensive. The median home price in West Seneca is $151,700, which works out to $57,000 (37%) higher than Lackawanna. Rents there are somewhat more expensive. The median rent in West Seneca is $834 per month, which works out to $178 (21%) higher than Lackawanna.
Sloan
Sloan is approximately 5 miles north of Lackawanna. Its real estate prices are somewhat less expensive. The price of the median home in Sloan is $78,600, which is $16,100 (20%) lower than Lackawanna. Its rents are fairly similar. The median monthly rent in Sloan is $647, which is $9 (1%) lower than Lackawanna.
Orchard Park
Orchard Park is about 5 miles southeast of Lackawanna. Its housing prices are substantially more expensive. The median home in Orchard Park is valued at $238,000, which comes out to $143,300 (60%) higher than Lackawanna. Rents there are significantly more expensive. In Orchard Park the median monthly rent is $997, which is $341 (34%) higher than Lackawanna.
Wanakah
Wanakah is about 5 miles southwest from Lackawanna. Real estate prices there are a lot more expensive. The median home in Wanakah costs $144,900, which comes out to $50,200 (34%) higher than Lackawanna. Its rents are a little more expensive. In Wanakah the median monthly rent is $865, which comes out to $209 (24%) higher than Lackawanna.