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These days, finding an affordable place to live in the 08638 area can be challenging. Home prices in 08638 are now at a median cost of $145,494, lower than the New Jersey average of $388,929.
The average cost of rent is $1,387/mo in 08638, primarily driven by the current value of real estate in the 08638 area. While nearly 39.41% of residents own their homes outright in 08638, 44.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08638 is $5,242 per month. Households that rent pay about 26.47% of their income on rent here. 08638's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 08618, NJ: equally priced homes
- 08609, NJ: less expensive homes
- 08608, NJ: equally priced homes
- 08629, NJ: less expensive homes
- 08648, NJ: higher priced homes
- 08611, NJ: less expensive homes
- 08628, NJ: higher priced homes
- 08619, NJ: higher priced homes
- 08610, NJ: higher priced homes
- 19067, PA: higher priced homes
Zip Codes with Similar Populations
- 88030, NM: less expensive homes
- 75094, TX: higher priced homes
- 46375, IN: higher priced homes
- 34110, FL: higher priced homes
- 33903, FL: less expensive homes
- 55038, MN: higher priced homes
- 61350, IL: equally priced homes
- 19018, PA: higher priced homes
- 14618, NY: higher priced homes
- 02840, RI: higher priced homes
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