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Expensive
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These days, finding an affordable place to live in the 08081 area can be challenging. Home prices in 08081 are now at a median cost of $206,561, lower than the New Jersey average of $388,929.
The average cost of rent is $1,481/mo in 08081, primarily driven by the current value of real estate in the 08081 area. While nearly 27.62% of residents own their homes outright in 08081, 21.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08081 is $7,763 per month. Households that rent pay about 19.07% of their income on rent here. 08081's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 08009, NJ: higher priced homes
- 08094, NJ: higher priced homes
- 08021, NJ: less expensive homes
- 08032, NJ: higher priced homes
- 08012, NJ: higher priced homes
- 08091, NJ: equally priced homes
- 08080, NJ: higher priced homes
- 08004, NJ: equally priced homes
- 08084, NJ: less expensive homes
- 08026, NJ: higher priced homes
Zip Codes with Similar Populations
- 07105, NJ: higher priced homes
- 32164, FL: higher priced homes
- 33021, FL: higher priced homes
- 30228, GA: less expensive homes
- 70065, LA: equally priced homes
- 72401, AR: less expensive homes
- 76051, TX: higher priced homes
- 77511, TX: less expensive homes
- 79907, TX: less expensive homes
- 85339, AZ: higher priced homes
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