Lockport, NY housing market
Typical home value
$271K
▲ 5.1% 1 yr
Typical rent
$1,025/mo
▲ 6.5% 1 yr
Gross rent yield
4.5%
U.S. 6.3%
5-year home value change
+35%
U.S. +20%
Key takeaways
- 1The typical home in Lockport is worth $271,281, up 5.1% over the past year and up 35% over five years.
- 2Typical rent is $1,025 a month (+6.5% YoY), a gross rent yield of 4.5% (below the Buffalo, NY metro's 6.1%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,491/mo, $466 more than typical rent.
- 4Zillow forecasts the Buffalo, NY metro's home values to change +2.6% over the next 12 months.
Market temperature (Buffalo, NY metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 53/100, #97 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Lockport compares
| Measure | Lockport | Buffalo, NY metro | United States |
|---|---|---|---|
| Typical home value | $271,281 | $287,359 | $366,157 |
| Home value, 1-yr change | +5.1% | +3.6% | +1.2% |
| Typical rent | $1,025 | $1,451 | $1,932 |
| Rent, 1-yr change | +6.5% | +3.9% | +2.7% |
| Gross rent yield | 4.5% | 6.1% | 6.3% |
| Price-to-rent ratio | 22.1 | 16.5 | 15.8 |
| Mortgage P&I, typical home | $1,491 | $1,579 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Lockport rental, pre-filled.
Rent vs buy in Lockport
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $271K home.
Landlord in New York? See New York deposit, late fee and notice rules.
Other cities in the Buffalo, NY metro
Buffalo, NY
$244K home$1,421 rent
▲ 2.6% 1 yr
Niagara Falls, NY
$173K home$1,180 rent
▲ 4.2% 1 yr
Williamsville, NY
$417K home$2,144 rent
▲ 4.4% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.