Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bound Brook area can be challenging. Home prices in Bound Brook are now at a median cost of $309,614, lower than the New Jersey average of $388,929.
The average cost of rent is $1,511/mo in Bound Brook, primarily driven by the current value of real estate in the Bound Brook area. While nearly 27.10% of residents own their homes outright in Bound Brook, 49.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bound Brook is $7,114 per month. Households that rent pay about 21.24% of their income on rent here. Bound Brook's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- South Bound Brook, NJ: equally priced homes
- Finderne, NJ: higher priced homes
- Martinsville, NJ: higher priced homes
- Middlesex, NJ: equally priced homes
- Franklin Center, NJ: higher priced homes
- Zarephath, NJ: higher priced homes
- Manville, NJ: equally priced homes
- Dunellen, NJ: higher priced homes
- Warren, NJ: higher priced homes
- Piscataway, NJ: higher priced homes
Cities with Similar Populations
- Plaquemine, LA: less expensive homes
- McFarland, WI: equally priced homes
- Grover Beach, CA: higher priced homes
- Medway, MA: higher priced homes
- Tuscumbia, AL: less expensive homes
- Mitchellville, MD: higher priced homes
- Pinson, AL: less expensive homes
- Plainwell, MI: less expensive homes
- Mendota, CA: less expensive homes
- Pendleton, IN: less expensive homes
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