Affordable
Expensive
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These days, finding an affordable place to live in the Academy Heights area can be challenging. Home prices in Academy Heights are now at a median cost of $689,189, higher than the Orange average of $349,474.
The average cost of rent is $2,256/mo in Academy Heights, primarily driven by the current value of real estate in the Academy Heights area. In Academy Heights, 57.80% of households rent, and 30.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Academy Heights is $12,521 per month. Households that rent pay about 18.01% of their income on rent here. Academy Heights’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Lower Vailsburg, Newark, NJ: less expensive homes
- Upper Vailsburg, Newark, NJ: less expensive homes
- Hutton Park, West Orange, NJ: less expensive homes
- Fairmuont, Newark, NJ: less expensive homes
- Upper Clinton Hill, Newark, NJ: less expensive homes
- Weequahic, Newark, NJ: less expensive homes
- Lower Clinton Hill, Newark, NJ: less expensive homes
- Lower Roseville, Newark, NJ: less expensive homes
- University Heights, Newark, NJ: less expensive homes
- Springfield-Belmont, Newark, NJ: less expensive homes
Neighborhoods with Similar Populations
- Bloomfield-Allen, Des Moines, IA: less expensive homes
- North Shore, Haleiwa, HI: higher priced homes
- Hollywood Beach-Quadoman, Hollywood, FL: less expensive homes
- Hegewisch, Chicago, IL: less expensive homes
- Friendly, Fort Washington, MD: less expensive homes
- Sans Pareil, Jacksonville, FL: less expensive homes
- Chestnut Hill, Philadelphia, PA: equally priced homes
- Downtown Pittsfield, Ann Arbor, MI: less expensive homes
- Financial District, San Francisco, CA: higher priced homes
- El Toro Marine Air Station, Irvine, CA: higher priced homes
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