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These days, finding an affordable place to live in the 08109 area can be challenging. Home prices in 08109 are now at a median cost of $187,820, lower than the New Jersey average of $388,929.
The average cost of rent is $1,262/mo in 08109, primarily driven by the current value of real estate in the 08109 area. While nearly 34.18% of residents own their homes outright in 08109, 25.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08109 is $6,433 per month. Households that rent pay about 19.61% of their income on rent here. 08109's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 08110, NJ: less expensive homes
- 08105, NJ: less expensive homes
- 08002, NJ: higher priced homes
- 08108, NJ: higher priced homes
- 08052, NJ: less expensive homes
- 08107, NJ: equally priced homes
- 08103, NJ: less expensive homes
- 19137, PA: less expensive homes
- 08102, NJ: less expensive homes
- 08104, NJ: less expensive homes
Zip Codes with Similar Populations
- 77632, TX: less expensive homes
- 83202, ID: equally priced homes
- 60561, IL: higher priced homes
- 61021, IL: less expensive homes
- 45371, OH: higher priced homes
- 44138, OH: equally priced homes
- 67216, KS: less expensive homes
- 34957, FL: higher priced homes
- 33331, FL: higher priced homes
- 78624, TX: higher priced homes
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