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These days, finding an affordable place to live in the Alloway area can be challenging. Home prices in Alloway are now at a median cost of $293,413, lower than the New Jersey average of $496,577.
The average cost of rent is $810/mo in Alloway, primarily driven by the current value of real estate in the Alloway area. In Alloway, 14.14% of households rent, and 33.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alloway is $8,974 per month. Households that rent pay about 9.03% of their income on rent here. Alloway’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Quinton, NJ: less expensive homes
- Penton, NJ: less expensive homes
- Woodmere, NJ: less expensive homes
- Portertown, NJ: higher priced homes
- Yorktown, NJ: equally priced homes
- Salem, NJ: less expensive homes
- Cohansey, NJ: equally priced homes
- Pointers, NJ: less expensive homes
- Woodstown, NJ: equally priced homes
- Shirley, NJ: equally priced homes
Cities with Similar Populations
- Lafayette, MN: less expensive homes
- Hedrick, IA: less expensive homes
- Tradesville, SC: less expensive homes
- Richwoods, MO: less expensive homes
- Bude, MS: less expensive homes
- Truro, MA: higher priced homes
- Clarksburg, OH: less expensive homes
- Garrisonville, VA: higher priced homes
- Rodell, WI: less expensive homes
- Rowesville, SC: less expensive homes
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