
Home Price Key
These days, finding an affordable place to live in the Berlin area can be challenging. Home prices in Berlin are now at a median cost of $242,866, lower than the New Jersey average of $388,929.
The average cost of rent is $1,459/mo in Berlin, primarily driven by the current value of real estate in the Berlin area. While nearly 30.20% of residents own their homes outright in Berlin, 17.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Berlin is $8,506 per month. Households that rent pay about 17.15% of their income on rent here. Berlin's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Pine Valley, NJ: less expensive homes
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Cities with Similar Populations
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