
Expensive
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These days, finding an affordable place to live in the 08820 area can be challenging. Home prices in 08820 are now at a median cost of $523,618, higher than the New Jersey average of $388,929.
The average cost of rent is $1,975/mo in 08820, primarily driven by the current value of real estate in the 08820 area. While nearly 40.30% of residents own their homes outright in 08820, 22.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08820 is $11,922 per month. Households that rent pay about 16.57% of their income on rent here. 08820's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 08840, NJ: less expensive homes
- 08830, NJ: less expensive homes
- 07080, NJ: less expensive homes
- 07067, NJ: less expensive homes
- 08837, NJ: less expensive homes
- 08863, NJ: less expensive homes
- 07066, NJ: equally priced homes
- 07060, NJ: less expensive homes
- 07095, NJ: less expensive homes
- 07076, NJ: higher priced homes
Zip Codes with Similar Populations
- 46112, IN: less expensive homes
- 89178, NV: less expensive homes
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- 80401, CO: equally priced homes
- 19121, PA: less expensive homes
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- 77354, TX: less expensive homes
- 77090, TX: less expensive homes
- 77075, TX: less expensive homes
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