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These days, finding an affordable place to live in the Avon-by-the-Sea area can be challenging. Home prices in Avon-by-the-Sea are now at a median cost of $1,515,709, higher than the New Jersey average of $496,577.
The average cost of rent is $1,972/mo in Avon-by-the-Sea, primarily driven by the current value of real estate in the Avon-by-the-Sea area. In Avon-by-the-Sea, 31.44% of households rent, and 51.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Avon-by-the-Sea is $9,836 per month. Households that rent pay about 20.05% of their income on rent here. Avon-by-the-Sea’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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