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These days, finding an affordable place to live in the Broadway area can be challenging. Home prices in Broadway are now at a median cost of $412,672, lower than the New Jersey average of $496,577.
The average cost of rent is $1,588/mo in Broadway, primarily driven by the current value of real estate in the Broadway area. In Broadway, 10.89% of households rent, and 34.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Broadway is $10,707 per month. Households that rent pay about 14.83% of their income on rent here. Broadway’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Village, NJ: equally priced homes
- Washington, NJ: less expensive homes
- Hutchinson, NJ: less expensive homes
- Harmony, NJ: less expensive homes
- Port Colden, NJ: equally priced homes
- Asbury, NJ: equally priced homes
- Stewartsville, NJ: equally priced homes
- Belvidere, NJ: less expensive homes
- Oxford, NJ: less expensive homes
- Changewater, NJ: higher priced homes
Cities with Similar Populations
- Zevely, WV: less expensive homes
- Hannah, GA: less expensive homes
- Wheelock, VT: less expensive homes
- Nehawka, NE: less expensive homes
- Mesita, NM: less expensive homes
- Four Corners, WI: less expensive homes
- Arnot, PA: less expensive homes
- Armstrong, MO: less expensive homes
- Annona, TX: less expensive homes
- Yuba, WI: less expensive homes
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