Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08887 area can be challenging. Home prices in 08887 are now at a median cost of $216,447, lower than the New Jersey average of $388,929.
The average cost of rent is $1,766/mo in 08887, primarily driven by the current value of real estate in the 08887 area. While nearly 26.11% of residents own their homes outright in 08887, 25.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08887 is $8,747 per month. Households that rent pay about 20.19% of their income on rent here. 08887's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 08853, NJ: higher priced homes
- 08822, NJ: higher priced homes
- 08821, NJ: higher priced homes
- 08889, NJ: higher priced homes
- 08551, NJ: higher priced homes
- 08844, NJ: higher priced homes
- 08876, NJ: higher priced homes
- 08869, NJ: higher priced homes
- 08833, NJ: higher priced homes
- 08801, NJ: higher priced homes
Zip Codes with Similar Populations
- 78632, TX: less expensive homes
- 24245, VA: less expensive homes
- 26705, WV: less expensive homes
- 30545, GA: less expensive homes
- 36749, AL: less expensive homes
- 36785, AL: less expensive homes
- 37723, TN: less expensive homes
- 43442, OH: less expensive homes
- 47833, IN: less expensive homes
- 48720, MI: less expensive homes
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