Much like its nearby areas, it's substantially less expensive compared to the entire nation. However compared to the city of Buffalo, it is a little more expensive.
Home prices
The cost of the median home in Lake Erie Beach is $104,900. It is about $2,240 (2%) higher in comparison to nearby areas.It is about $112,600 (51%) lower compared to the US as a whole, and compared to the city of Buffalo is roughly $15,100 (16%) higher.
Rents
The median monthly rent in Lake Erie Beach is $797. Compared to nearby areas it is approximately $53 (6%) lower.It is roughly $265 (24%) lower compared to the US as a whole, and in comparison to the city of Buffalo it is about $21 (2%) higher.
Nearby places
Angola on the Lake
Angola on the Lake is Lake Erie Beach's neighbor to the northeast. Its housing prices are fairly similar. The median home in Angola on the Lake costs $106,300, which is $1,400 (1%) higher than Lake Erie Beach. Rents there are somewhat more expensive. The median monthly rent in Angola on the Lake is $941, which is $144 (15%) higher than Lake Erie Beach.
Farnham
Farnham is roughly 1 mile south from Lake Erie Beach. Its housing prices are similar. The median home in Farnham is valued at $105,400, which is very similar to Lake Erie Beach. The rent there is somewhat more expensive. In Farnham the median monthly rent is $1,045, which is $248 (23%) higher than Lake Erie Beach.
Angola
Angola is approximately 2 miles northeast from Lake Erie Beach. The real estate prices there are somewhat more expensive. The cost of the median home in Angola is $115,600, which works out to $10,700 (9%) higher than Lake Erie Beach. Rents there are pretty similar. Angola's median rent is $772 a month, which comes out to $25 (3%) lower than Lake Erie Beach.
North Collins
North Collins is roughly 6 miles east from Lake Erie Beach. Its housing prices are fairly similar. The median home in North Collins costs $100,400, which works out to $4,500 (4%) lower than Lake Erie Beach. Rents there are somewhat less expensive. The median rent in North Collins is $623 a month, which is $174 (27%) lower than Lake Erie Beach.
Silver Creek
Silver Creek is about 6 miles southwest of Lake Erie Beach. The real estate prices there are a little less expensive. The median home in Silver Creek is valued at $85,600, which is $19,300 (22%) lower than Lake Erie Beach. The rent there is a bit more expensive. The median rent in Silver Creek is $867 per month, which works out to $70 (8%) higher than Lake Erie Beach.
