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These days, finding an affordable place to live in the 08403 area can be challenging. Home prices in 08403 are now at a median cost of $633,451, higher than the New Jersey average of $388,929.
The average cost of rent is $1,593/mo in 08403, primarily driven by the current value of real estate in the 08403 area. While nearly 52.16% of residents own their homes outright in 08403, 20.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08403 is $9,820 per month. Households that rent pay about 16.22% of their income on rent here. 08403's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 08402, NJ: less expensive homes
- 08406, NJ: less expensive homes
- 08221, NJ: less expensive homes
- 08244, NJ: less expensive homes
- 08225, NJ: less expensive homes
- 08226, NJ: equally priced homes
- 08232, NJ: less expensive homes
- 08401, NJ: less expensive homes
- 08234, NJ: less expensive homes
- 08201, NJ: less expensive homes
Zip Codes with Similar Populations
- 34216, FL: higher priced homes
- 57278, SD: less expensive homes
- 68423, NE: less expensive homes
- 68034, NE: less expensive homes
- 66724, KS: less expensive homes
- 66097, KS: less expensive homes
- 65463, MO: less expensive homes
- 64018, MO: less expensive homes
- 62627, IL: less expensive homes
- 62021, IL: less expensive homes
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