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These days, finding an affordable place to live in the 08311 area can be challenging. Home prices in 08311 are now at a median cost of $163,927, lower than the New Jersey average of $388,929.
The average cost of rent is $1,210/mo in 08311, primarily driven by the current value of real estate in the 08311 area. While nearly 39.03% of residents own their homes outright in 08311, 12.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08311 is $6,259 per month. Households that rent pay about 19.33% of their income on rent here. 08311's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
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- 20689, MD: higher priced homes
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