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These days, finding an affordable place to live in the 08046 area can be challenging. Home prices in 08046 are now at a median cost of $183,828, lower than the New Jersey average of $388,929.
The average cost of rent is $1,727/mo in 08046, primarily driven by the current value of real estate in the 08046 area. While nearly 24.82% of residents own their homes outright in 08046, 22.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08046 is $7,028 per month. Households that rent pay about 24.58% of their income on rent here. 08046's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 08073, NJ: equally priced homes
- 08010, NJ: higher priced homes
- 08016, NJ: higher priced homes
- 08075, NJ: higher priced homes
- 19021, PA: higher priced homes
- 08036, NJ: higher priced homes
- 08057, NJ: higher priced homes
- 08060, NJ: higher priced homes
- 19007, PA: higher priced homes
- 08054, NJ: higher priced homes
Zip Codes with Similar Populations
- 77327, TX: less expensive homes
- 23116, VA: higher priced homes
- 90028, CA: higher priced homes
- 06489, CT: higher priced homes
- 29640, SC: less expensive homes
- 48091, MI: less expensive homes
- 98271, WA: higher priced homes
- 77047, TX: less expensive homes
- 75229, TX: higher priced homes
- 60517, IL: higher priced homes
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