Affordable
Expensive
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These days, finding an affordable place to live in the 08061 area can be challenging. Home prices in 08061 are now at a median cost of $295,770, lower than the New Jersey average of $388,929.
The average cost of rent is $1,565/mo in 08061, primarily driven by the current value of real estate in the 08061 area. While nearly 18.99% of residents own their homes outright in 08061, 4.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08061 is $10,520 per month. Households that rent pay about 14.88% of their income on rent here. 08061's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 08020, NJ: equally priced homes
- 08051, NJ: less expensive homes
- 08066, NJ: less expensive homes
- 08056, NJ: higher priced homes
- 08090, NJ: less expensive homes
- 08097, NJ: less expensive homes
- 08086, NJ: less expensive homes
- 08027, NJ: less expensive homes
- 08096, NJ: less expensive homes
- 08063, NJ: less expensive homes
Zip Codes with Similar Populations
- 55604, MN: less expensive homes
- 01929, MA: higher priced homes
- 79521, TX: less expensive homes
- 64070, MO: equally priced homes
- 46773, IN: less expensive homes
- 43824, OH: less expensive homes
- 87528, NM: less expensive homes
- 75155, TX: less expensive homes
- 70341, LA: less expensive homes
- 67063, KS: less expensive homes
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