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Affordable
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These days, finding an affordable place to live in the 08215 area can be challenging. Home prices in 08215 are now at a median cost of $277,528, lower than the New Jersey average of $496,577.
The average cost of rent is $1,655/mo in 08215, primarily driven by the current value of real estate in the 08215 area. In 08215, 26.86% of households rent, and 40.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08215 is $7,293 per month. Households that rent pay about 22.70% of their income on rent here. 08215’s most expensive areas are in the southeastern 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
- 08240, NJ: equally priced homes
- 08217, NJ: less expensive homes
- 08241, NJ: higher priced homes
- 08330, NJ: less expensive homes
- 08205, NJ: equally priced homes
- 08201, NJ: equally priced homes
- 08224, NJ: higher priced homes
- 08037, NJ: higher priced homes
- 08346, NJ: less expensive homes
- 08350, NJ: equally priced homes
Zip Codes with Similar Populations
- 01730, MA: higher priced homes
- 95650, CA: higher priced homes
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- 86047, AZ: less expensive homes
- 81650, CO: higher priced homes
- 81416, CO: higher priced homes
- 78163, TX: higher priced homes
- 71295, LA: less expensive homes
- 55056, MN: higher priced homes
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