Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Avenel area can be challenging. Home prices in Avenel are now at a median cost of $259,112, lower than the New Jersey average of $388,929.
The average cost of rent is $1,477/mo in Avenel, primarily driven by the current value of real estate in the Avenel area. While nearly 35.28% of residents own their homes outright in Avenel, 48.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Avenel is $6,001 per month. Households that rent pay about 24.61% of their income on rent here. Avenel's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Port Reading, NJ: higher priced homes
- Woodbridge, NJ: higher priced homes
- Rahway, NJ: equally priced homes
- Sewaren, NJ: higher priced homes
- Iselin, NJ: higher priced homes
- Colonia, NJ: higher priced homes
- Carteret, NJ: equally priced homes
- Clark, NJ: higher priced homes
- Fords, NJ: higher priced homes
- Linden, NJ: higher priced homes
Cities with Similar Populations
- La Crescenta-Montrose, CA: higher priced homes
- Lake Shore, MD: higher priced homes
- Newberry, SC: less expensive homes
- Clinton, NC: less expensive homes
- Taft, CA: less expensive homes
- La Marque, TX: less expensive homes
- Cinco Ranch, TX: higher priced homes
- Forest City, NC: less expensive homes
- Forked River, NJ: higher priced homes
- Chino Valley, AZ: higher priced homes
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