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These days, finding an affordable place to live in the 08106 area can be challenging. Home prices in 08106 are now at a median cost of $217,664, lower than the New Jersey average of $388,929.
The average cost of rent is $1,053/mo in 08106, primarily driven by the current value of real estate in the 08106 area. While nearly 36.93% of residents own their homes outright in 08106, 34.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08106 is $7,613 per month. Households that rent pay about 13.84% of their income on rent here. 08106's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 08035, NJ: higher priced homes
- 08059, NJ: less expensive homes
- 08107, NJ: less expensive homes
- 08033, NJ: higher priced homes
- 08108, NJ: higher priced homes
- 08031, NJ: less expensive homes
- 08007, NJ: less expensive homes
- 08030, NJ: less expensive homes
- 08104, NJ: less expensive homes
- 08045, NJ: equally priced homes
Zip Codes with Similar Populations
- 99021, WA: higher priced homes
- 04730, ME: less expensive homes
- 32976, FL: less expensive homes
- 45209, OH: higher priced homes
- 63012, MO: less expensive homes
- 25311, WV: less expensive homes
- 28107, NC: higher priced homes
- 29006, SC: less expensive homes
- 29172, SC: less expensive homes
- 31320, GA: less expensive homes
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