Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08045 area can be challenging. Home prices in 08045 are now at a median cost of $213,972, lower than the New Jersey average of $388,929.
The average cost of rent is $1,009/mo in 08045, primarily driven by the current value of real estate in the 08045 area. While nearly 42.56% of residents own their homes outright in 08045, 30.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08045 is $6,911 per month. Households that rent pay about 14.60% of their income on rent here. 08045's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 08049, NJ: less expensive homes
- 08007, NJ: less expensive homes
- 08083, NJ: equally priced homes
- 08035, NJ: higher priced homes
- 08033, NJ: higher priced homes
- 08078, NJ: less expensive homes
- 08084, NJ: less expensive homes
- 08029, NJ: less expensive homes
- 08106, NJ: equally priced homes
- 08034, NJ: higher priced homes
Zip Codes with Similar Populations
- 40516, KY: higher priced homes
- 03576, NH: less expensive homes
- 62670, IL: less expensive homes
- 56277, MN: less expensive homes
- 54814, WI: less expensive homes
- 12458, NY: less expensive homes
- 72101, AR: less expensive homes
- 28512, NC: higher priced homes
- 42406, KY: less expensive homes
- 08804, NJ: higher priced homes
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