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These days, finding an affordable place to live in the 08201 area can be challenging. Home prices in 08201 are now at a median cost of $277,119, lower than the New Jersey average of $496,577.
The average cost of rent is $1,877/mo in 08201, primarily driven by the current value of real estate in the 08201 area. In 08201, 26.11% of households rent, and 34.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08201 is $5,918 per month. Households that rent pay about 31.71% of their income on rent here. 08201’s most expensive areas are in the northern regions, while the cheapest areas are in the western 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
- 08232, NJ: less expensive homes
- 08205, NJ: equally priced homes
- 08225, NJ: higher priced homes
- 08240, NJ: equally priced homes
- 08401, NJ: less expensive homes
- 08406, NJ: higher priced homes
- 08234, NJ: higher priced homes
- 08203, NJ: higher priced homes
- 08402, NJ: higher priced homes
- 08241, NJ: higher priced homes
Zip Codes with Similar Populations
- 98328, WA: higher priced homes
- 98252, WA: higher priced homes
- 97365, OR: higher priced homes
- 06071, CT: higher priced homes
- 95338, CA: higher priced homes
- 06482, CT: higher priced homes
- 86045, AZ: less expensive homes
- 85735, AZ: less expensive homes
- 49071, MI: equally priced homes
- 33449, FL: higher priced homes
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