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

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 $372,136, lower than the New Jersey average of $496,577.

The average cost of rent is $1,510/mo in Cape May Court House, primarily driven by the current value of real estate in the Cape May Court House area. In Cape May Court House, 18.99% of households rent, and 38.18% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cape May Court House is $7,940 per month. Households that rent pay about 19.01% of their income on rent here. Cape May Court House’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern 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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