2026 Affordability Data
Most Affordable Neighborhoods in Lake Grove village - 2026 Data
The median home value in Lake Grove village is $497,500, 76% above nat'l avg. Median rent is $858/month. With an affordability index of 119, Lake Grove village is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Lake Grove village, NY area.
Key Takeaways: Affordability in Lake Grove village
- 1The most affordable neighborhood in Lake Grove village is Sleepy Hollow village, with a median home value of $744,500.
- 2Lake Grove village's median home value is $497,500, 76% above nat'l avg (national: $281,900).
- 3Lake Grove village's affordability index is 119 (baseline 100), making it more affordable than the national average.
- 4Median rent in Lake Grove village is $858/month, 26% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Lake Grove village to find the most affordable areas based on home values, rent, and affordability index.
Lake Grove village Affordability Overview
Median Home Value
$497,500
76% above nat'l avg
Median Rent
$858/mo
26% below nat'l avg
Median Income
$114,381
53% above nat'l avg
Affordability Index
119
19% above nat'l avg
Most Affordable Neighborhoods in Lake Grove village (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Sleepy Hollow villageNY | $744,500 |
| 2 | New Hyde Park villageNY | $695,100 |
| 3 | Hempstead villageNY | $421,300 |
| 4 | White PlainsNY | $612,800 |
| 5 | SyracuseNY | $117,900 |
| 6 | Woodbury villageNY | $400,400 |
| 7 | OneontaNY | $170,900 |
| 8 | YonkersNY | $456,500 |
| 9 | SchenectadyNY | $140,000 |
| 10 | GenevaNY | $123,100 |
| 11 | TroyNY | $177,100 |
| 12 | BinghamtonNY | $117,400 |
| 13 | Depew villageNY | $159,700 |
| 14 | Freeport villageNY | $444,300 |
| 15 | Airmont villageNY | $626,400 |
Detailed Neighborhood Profiles
Home Value: $744,500
Rent: $858/mo
Affordability: 119
Population: 10,396
Walk Score: 0/100
Home Value: $695,100
Rent: $858/mo
Affordability: 119
Population: 10,235
Walk Score: 0/100
Home Value: $421,300
Rent: $858/mo
Affordability: 119
Population: 58,557
Walk Score: 0/100
4
Home Value: $612,800
Rent: $858/mo
Affordability: 119
Population: 59,421
Walk Score: 0/100
5
Home Value: $117,900
Rent: $858/mo
Affordability: 119
Population: 146,134
Walk Score: 0/100
6
Home Value: $400,400
Rent: $858/mo
Affordability: 119
Population: 11,371
Walk Score: 0/100
7
Home Value: $170,900
Rent: $858/mo
Affordability: 119
Population: 14,097
Walk Score: 0/100
8
Home Value: $456,500
Rent: $858/mo
Affordability: 119
Population: 209,780
Walk Score: 0/100
9
Home Value: $140,000
Rent: $858/mo
Affordability: 119
Population: 68,476
Walk Score: 0/100
10
Home Value: $123,100
Rent: $858/mo
Affordability: 119
Population: 12,670
Walk Score: 0/100
11
Home Value: $177,100
Rent: $858/mo
Affordability: 119
Population: 51,268
Walk Score: 0/100
12
Home Value: $117,400
Rent: $858/mo
Affordability: 119
Population: 47,617
Walk Score: 0/100
13
Home Value: $159,700
Rent: $858/mo
Affordability: 119
Population: 15,141
Walk Score: 0/100
14
Home Value: $444,300
Rent: $858/mo
Affordability: 119
Population: 44,210
Walk Score: 0/100
15
Home Value: $626,400
Rent: $858/mo
Affordability: 119
Population: 10,020
Walk Score: 0/100
Frequently Asked Questions About Affordability in Lake Grove village
What is the most affordable neighborhood in Lake Grove village, NY?▾
Based on 2026 data, Sleepy Hollow village is the most affordable neighborhood in Lake Grove village with a median home value of $744,500. Kurby analyzed 15 neighborhoods in the Lake Grove village area to compile these rankings.
What is the median home price in Lake Grove village, NY?▾
The median home price in Lake Grove village is $497,500, which is 76% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Lake Grove village affordable compared to the national average?▾
Lake Grove village has an affordability index of 119, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Lake Grove village, NY?▾
The median monthly rent in Lake Grove village is $858. This is 26% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Lake Grove village?▾
The median household income in Lake Grove village is $114,381 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Lake Grove village are below the national average home price?▾
7 out of 15 ranked neighborhoods in Lake Grove village have a median home value below the national average of $281,900. The most affordable is Syracuse at $117,900 (Source: Kurby, 2026).