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These days, finding an affordable place to live in the 08611 area can be challenging. Home prices in 08611 are now at a median cost of $149,278, lower than the New Jersey average of $496,577.
The average cost of rent is $1,592/mo in 08611, primarily driven by the current value of real estate in the 08611 area. In 08611, 61.71% of households rent, and 45.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08611 is $5,079 per month. Households that rent pay about 31.34% of their income on rent here. 08611’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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
- 08608, NJ: higher priced homes
- 08609, NJ: equally priced homes
- 08629, NJ: higher priced homes
- 08610, NJ: higher priced homes
- 08618, NJ: higher priced homes
- 08638, NJ: higher priced homes
- 08619, NJ: higher priced homes
- 19067, PA: higher priced homes
- 19054, PA: higher priced homes
- 08620, NJ: higher priced homes
Zip Codes with Similar Populations
- 32086, FL: higher priced homes
- 06811, CT: higher priced homes
- 08003, NJ: higher priced homes
- 08822, NJ: higher priced homes
- 11050, NY: higher priced homes
- 17022, PA: higher priced homes
- 91214, CA: higher priced homes
- 55378, MN: higher priced homes
- 45005, OH: higher priced homes
- 48234, MI: less expensive homes
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