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These days, finding an affordable place to live in the 08103 area can be challenging. Home prices in 08103 are now at a median cost of $134,166, lower than the New Jersey average of $496,577.
The average cost of rent is $1,244/mo in 08103, primarily driven by the current value of real estate in the 08103 area. In 08103, 66.43% of households rent, and 58.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08103 is $3,366 per month. Households that rent pay about 36.97% of their income on rent here. 08103’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern 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
- 08102, NJ: less expensive homes
- 08104, NJ: less expensive homes
- 08105, NJ: equally priced homes
- 19106, PA: higher priced homes
- 19147, PA: higher priced homes
- 08107, NJ: higher priced homes
- 19107, PA: higher priced homes
- 19148, PA: higher priced homes
- 19123, PA: higher priced homes
- 19109, PA: higher priced homes
Zip Codes with Similar Populations
- 62206, IL: less expensive homes
- 06424, CT: higher priced homes
- 07853, NJ: higher priced homes
- 08048, NJ: higher priced homes
- 10520, NY: higher priced homes
- 32344, FL: higher priced homes
- 37683, TN: higher priced homes
- 15238, PA: higher priced homes
- 67219, KS: higher priced homes
- 48801, MI: equally priced homes
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