Home prices
The cost of the median home in Niagara Falls is $77,400. This is about $64,200 (45%) lower in comparison to other places in this area.It is approximately $140,100 (64%) lower compared to the entire nation, and is roughly $12,400 (13%) lower compared to the city of Buffalo.
Rents
Niagara Falls's median monthly rent is $665. This is approximately $184 (21%) lower in comparison to its nearby areas.It is about $397 (37%) lower compared to the rest of the country, and is about $111 (14%) lower compared to the city of Buffalo.
Nearby places
Lewiston
Lewiston is roughly 5 miles north of Niagara Falls. Its housing prices are substantially more expensive. The value of the median home in Lewiston is $170,400, which comes out to $93,000 (54%) higher than Niagara Falls. The rent there is somewhat more expensive. The median monthly rent in Lewiston is $913, which comes out to $248 (27%) higher than Niagara Falls.
Sanborn
Sanborn is about 6 miles northeast from Niagara Falls. The real estate prices there are substantially more expensive. The median home cost in Sanborn is $127,000, which is $49,600 (39%) higher than Niagara Falls. Rent there is a bit more expensive. Sanborn's median rent is $775 per month, which comes out to $110 (14%) higher than Niagara Falls.
North Tonawanda
North Tonawanda is about 7 miles southeast of Niagara Falls. Real estate prices there are a lot more expensive. The median home in North Tonawanda costs $122,700, which is $45,300 (36%) higher than Niagara Falls. Rents there are a bit more expensive. In North Tonawanda the median rent is $706 per month, which works out to $41 (5%) higher than Niagara Falls.
Grandyle Village
Grandyle Village is roughly 7 miles south of Niagara Falls. The real estate prices there are significantly more expensive. The median home in Grandyle Village costs $148,600, which comes out to $71,200 (47%) higher than Niagara Falls. Rent there is a lot more expensive. Grandyle Village's median rent is $988 a month, which comes out to $323 (32%) higher than Niagara Falls.
Tonawanda
Tonawanda is roughly 9 miles southeast of Niagara Falls. Real estate prices there are substantially more expensive. The median home in Tonawanda costs $139,300, which comes out to $61,900 (44%) higher than Niagara Falls. Rent there is a little more expensive. Tonawanda's median monthly rent is $863, which comes out to $198 (22%) higher than Niagara Falls.
