Real Estate Investing in Lewiston, New York (14092)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14092 (Lewiston, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 25.2 — hard to cash-flow at these prices.
What’s happening in Lewiston, NY (14092)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14092 Lewiston
Not every below-median market is a bargain. Lewiston's 14092 ZIP stands at signals that favor experienced operators who can absorb the risk $354K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 14092 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 14092 sits on the difficult end of the NY spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 14092 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Lewiston:
Property Strategy for 14092
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $266,060 | $1,310 | 3.5% | +8.1% | $133,030 |
| 3BR | $318,924 | $1,600 | 3.6% | +8.4% | $106,308 |
| 4BR | $398,193 | $1,820 | 3.3% | +8.2% | $99,548 |
| 5BR | $495,846 | — | — | +7.9% | $99,169 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14092 Compare?
| Metric | 14092 | Lewiston | Buffalo-Cheektowaga, NY | New York |
|---|---|---|---|---|
| Home Value | $353,551 | $353,551 | N/A | $505,608 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 6.6% |
| Avg Rent | $1,168 | $1,168 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14092 (Lewiston, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $353,551 |
| Monthly Rent | $1,168 |
| Price-to-Rent | 25.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 14092
Population: 10,318
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 14092
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,534 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Lewiston, NY?
Lewiston, NY median home values land near $354K. That is reasonable territory for investors looking at $1,168/mo-per-month rentals.
How strong is tenant demand in Lewiston, NY?
The tenant pool in Lewiston, NY is solid, supported by local employment and population fundamentals. Rents of $1,168/mo are well-absorbed by the market.
What is the typical rental rate in Lewiston, NY?
Expect rents around $1,168/mo per month in Lewiston, NY. With home values at $354K, the yield math works out to reasonable levels for rental investors.
What investment strategy works best in Lewiston, NY?
A careful cash-flow rentals with hands-on management strategy Lewiston, NY best. The market produces predictable results for that approach at the $354K price point.
Does Lewiston, NY favor landlords or tenants?
Lewiston, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 14092 now. You don’t know where it ranks.
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How 14092 ranks in Buffalo-Cheektowaga, NY
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