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City Report · NY

Lockport

Pop. 20,610·124th most expensive in New York·Lockport rents are up 6.0% over the past year
Median rent (all units)
$1,036/mo
Year-over-Year
+6.0%
Month-over-Month
+1.2%
vs US Median
-$926
Rising (Monthly)
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Most AffordableMost Expensive
Lockport · $1,036
More affordable than 97% of US cities · National median $1,962/mo
Rent Reality Score
52/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Lockport's 10-year trend predicts.

Actual rent
$1,036/mo
Expected by trend
$1,046/mo
The Rent Reality Score compares today's median rent to where Lockport's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$900
2 BR
$1,050
3 BR
$1,290
4 BR+
$1,450
Fair Market Rent (HUD)
$1,050/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,036 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$12,432/yr
At $1,036/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.0% YoY, +1.2% MoM), not inventory.
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Demographics

Who lives here

Lockport, NY is majority owner-occupied, has a median income below the national average, 24.6% of residents hold a bachelor's degree or higher.

Population
20,610
Median income
$62,410
Median age
36.8
Renters
41.2%
Age distribution
21.5%
25.3%
25.3%
16.3%
Under 1821.5%
18–3425.3%
35–5425.3%
55–6411.7%
65+16.3%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
79.1%
White79.1%
Black10.6%
Hispanic4.9%
Asian0.5%
Other4.9%
Education (25+)
29.7%
36.3%
24.6%
No HS diploma9.5%
HS diploma29.7%
Some college36.3%
Bachelor's+24.6%
Housing tenure
58.8%
41.2%
Owner58.8%
Renter41.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Lockport, NY has changed in 5 years

Rent
$872 → $1,036
up 18.8%
Income
$51,819 → $62,410
up 20.4%
Population
20,876 → 20,610
down 1.3%
Renter share
43.7% → 41.2%
-2.5 pts
Bachelor's+
24.1% → 24.6%
+0.5 pts
Median age
37.6 → 36.8
-0.8 yrs

Rent in Lockport, NY has climbed 18.8% since 2023, going from about $872 per month to roughly $1,036 today. On the earnings side, the typical household in Lockport, NY now reports about $62,410, up from $51,819 in 2021. Headcount in the area went from 20,876 to 20,610 between 2021 and 2024, a 1.3% change. About 41.2% of households rent today, against 43.7% in 2021. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Lockport, NY reflects that arc in its own way.

Community

Discussions about Lockport

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View Lockport rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lockport on your salary?

At $1,036/mo, how Lockport rent compares to typical pay (30% rule).

By apartment size

Lockport rent by bedroom count

Median rent for each apartment size in Lockport. Click any size for full breakdown.

Local insights

Tips for renters in Lockport

About renting in Lockport, NY

Last updated: August 17, 2026

The median rent in Lockport is $1,036/mo as of August 2026. A studio apartment averages $860/mo while a 2-bedroom runs $1,050/mo. One-bedroom apartments average $900/mo and 3-bedroom units go for $1,290/mo.

At 20% of local median household income ($62,410/yr), Lockport ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.

FAQ

Frequently asked questions

Is Lockport an affordable city for renters?

Lockport is considered very affordable for renters. At $1,036/mo, rent takes approximately 20% of the local median household income ($62,410/yr). The standard benchmark is 30%. Lockport falls comfortably within that range.

How much income do you need to rent in Lockport?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,036/mo in Lockport. The local median household income is $62,410/yr, meaning the typical Lockport household meets that threshold.

Is rent going up or down in Lockport?

Rent in Lockport has increased 6.0% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Lockport rent compare to other cities in New York?

Lockport is one of the more affordable cities in New York for rent, ranking #124 out of 125 tracked cities at $1,036/mo.

What percentage of Lockport residents rent vs. own?

According to Census data, approximately 41.2% of Lockport households are renters, while 58.8% are owner-occupied. Lockport leans toward homeownership, which can mean a smaller rental inventory.

How does Lockport rent compare to the national average?

Lockport's median rent of $1,036/mo is $926 (47%) below the US national median of $1,962/mo. Within New York, it ranks #124 out of 125 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,036/mo, rent takes ~20% of Lockport's median household income ($62,410/yr). The standard benchmark is 30%.

Lockport 20%Benchmark 30%
State income tax4–10.9%
Run the Lockport affordability calculator →
Lowest-rent ZIP codes in Lockport
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lockport, NY

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