The Most Affordable Neighborhoods in Cape May Court House, NJ by Home Value

 

Cape May Court House, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cape May Court House area can be challenging. Home prices in Cape May Court House are now at a median cost of $276,303, lower than the New Jersey average of $388,929.

The average cost of rent is $1,427/mo in Cape May Court House, primarily driven by the current value of real estate in the Cape May Court House area. While nearly 34.16% of residents own their homes outright in Cape May Court House, 18.36% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cape May Court House is $6,957 per month. Households that rent pay about 20.51% of their income on rent here. Cape May Court House's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.


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