The Most Affordable Neighborhoods in Bridgeport, NJ by Home Value

 

Bridgeport, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bridgeport area can be challenging. Home prices in Bridgeport are now at a median cost of $256,129, lower than the New Jersey average of $496,577.

The average cost of rent is $1,602/mo in Bridgeport, primarily driven by the current value of real estate in the Bridgeport area. In Bridgeport, 5.08% of households rent, and 21.95% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Bridgeport is $9,236 per month. Households that rent pay about 17.34% of their income on rent here. Bridgeport’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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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