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Affordable
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These days, finding an affordable place to live in the 08038 area can be challenging. Home prices in 08038 are now at a median cost of $191,712, lower than the New Jersey average of $496,577.
The average cost of rent is $1,766/mo in 08038, primarily driven by the current value of real estate in the 08038 area. In 08038, 28.15% of households rent, and 43.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08038 is $6,873 per month. Households that rent pay about 25.69% of their income on rent here. 08038’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 08079, NJ: less expensive homes
- 08072, NJ: higher priced homes
- 19731, DE: higher priced homes
- 08001, NJ: higher priced homes
- 19706, DE: higher priced homes
- 08323, NJ: higher priced homes
- 08353, NJ: higher priced homes
- 19733, DE: higher priced homes
- 19730, DE: higher priced homes
- 19709, DE: higher priced homes
Zip Codes with Similar Populations
- 97620, OR: higher priced homes
- 24442, VA: higher priced homes
- 79518, TX: less expensive homes
- 27985, NC: higher priced homes
- 27827, NC: less expensive homes
- 79847, TX: less expensive homes
- 80475, CO: higher priced homes
- 81045, CO: equally priced homes
- 81228, CO: higher priced homes
- 62076, IL: less expensive homes
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