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These days, finding an affordable place to live in the Allenwood area can be challenging. Home prices in Allenwood are now at a median cost of $734,104, higher than the New Jersey average of $496,577.
The average cost of rent is $2,887/mo in Allenwood, primarily driven by the current value of real estate in the Allenwood area. In Allenwood, 5.17% of households rent, and 19.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Allenwood is $17,030 per month. Households that rent pay about 16.95% of their income on rent here. Allenwood’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Manasquan, NJ: higher priced homes
- Carmerville, NJ: equally priced homes
- Brielle, NJ: higher priced homes
- Sea Girt, NJ: higher priced homes
- Spring Lake Heights, NJ: equally priced homes
- Belmar, NJ: equally priced homes
- Spring Lake, NJ: higher priced homes
- Point Pleasant Beach, NJ: higher priced homes
- Lake Como, NJ: less expensive homes
- Point Pleasant, NJ: less expensive homes
Cities with Similar Populations
- Point Roberts, WA: less expensive homes
- Spur, TX: less expensive homes
- Fannin, TX: less expensive homes
- Lincoln, MT: less expensive homes
- Cotton Valley, LA: less expensive homes
- Natural Bridge Station, VA: less expensive homes
- Montalba, TX: less expensive homes
- Robie Creek, ID: less expensive homes
- Mill Run, PA: less expensive homes
- Lometa, TX: less expensive homes
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