Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cape May County area can be challenging. Home prices in Cape May County are now at a median cost of $378,312, lower than the New Jersey average of $388,929.
The average cost of rent is $1,322/mo in Cape May County, primarily driven by the current value of real estate in the Cape May County area. While nearly 39.26% of residents own their homes outright in Cape May County, 21.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cape May County is $6,802 per month. Households that rent pay about 19.43% of their income on rent here. Cape May County's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the county.
Nearby Counties
- Kent County, DE: less expensive homes
- Queen Anne's County, MD: equally priced homes
- Anne Arundel County, MD: higher priced homes
- Prince George's County, MD: less expensive homes
- District of Columbia, DC: higher priced homes
- Montgomery County, MD: higher priced homes
- Loudoun County, VA: higher priced homes
- Clarke County, VA: equally priced homes
- Winchester City, VA: less expensive homes
- Frederick County, VA: less expensive homes
Counties with Similar Populations
- Steuben County, NY: less expensive homes
- Columbiana County, OH: less expensive homes
- Craven County, NC: less expensive homes
- Daviess County, KY: less expensive homes
- Wayne County, NY: less expensive homes
- Victoria County, TX: less expensive homes
- Twin Falls County, ID: less expensive homes
- Adams County, PA: less expensive homes
- Lapeer County, MI: less expensive homes
- Wicomico County, MD: less expensive homes
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