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Affordable
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These days, finding an affordable place to live in the 08618 area can be challenging. Home prices in 08618 are now at a median cost of $215,003, lower than the New Jersey average of $496,577.
The average cost of rent is $1,266/mo in 08618, primarily driven by the current value of real estate in the 08618 area. In 08618, 55.00% of households rent, and 49.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08618 is $5,387 per month. Households that rent pay about 23.50% of their income on rent here. 08618’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 08638, NJ: equally priced homes
- 08608, NJ: less expensive homes
- 08609, NJ: less expensive homes
- 08628, NJ: higher priced homes
- 08611, NJ: less expensive homes
- 08629, NJ: less expensive homes
- 19067, PA: higher priced homes
- 08648, NJ: higher priced homes
- 08610, NJ: higher priced homes
- 08619, NJ: higher priced homes
Zip Codes with Similar Populations
- 49120, MI: less expensive homes
- 06460, CT: higher priced homes
- 92672, CA: higher priced homes
- 26508, WV: higher priced homes
- 92807, CA: higher priced homes
- 21144, MD: higher priced homes
- 23060, VA: higher priced homes
- 23231, VA: higher priced homes
- 23831, VA: higher priced homes
- 08080, NJ: higher priced homes
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