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These days, finding an affordable place to live in the 08518 area can be challenging. Home prices in 08518 are now at a median cost of $230,312, lower than the New Jersey average of $388,929.
The average cost of rent is $1,221/mo in 08518, primarily driven by the current value of real estate in the 08518 area. While nearly 18.17% of residents own their homes outright in 08518, 36.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08518 is $6,883 per month. Households that rent pay about 17.73% of their income on rent here. 08518's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 08554, NJ: less expensive homes
- 19055, PA: equally priced homes
- 19007, PA: equally priced homes
- 19057, PA: equally priced homes
- 19054, PA: higher priced homes
- 08016, NJ: higher priced homes
- 08505, NJ: higher priced homes
- 19030, PA: higher priced homes
- 19056, PA: higher priced homes
- 19021, PA: equally priced homes
Zip Codes with Similar Populations
- 74016, OK: less expensive homes
- 46571, IN: higher priced homes
- 14303, NY: less expensive homes
- 43526, OH: less expensive homes
- 81621, CO: higher priced homes
- 40337, KY: less expensive homes
- 40013, KY: equally priced homes
- 20685, MD: higher priced homes
- 39837, GA: less expensive homes
- 52314, IA: equally priced homes
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