Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Carmerville area can be challenging. Home prices in Carmerville are now at a median cost of $478,120, higher than the New Jersey average of $388,929.
The average cost of rent is $2,102/mo in Carmerville, primarily driven by the current value of real estate in the Carmerville area. While nearly 35.75% of residents own their homes outright in Carmerville, 15.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Carmerville is $9,845 per month. Households that rent pay about 21.35% of their income on rent here. Carmerville's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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- Spring Lake, NJ: higher priced homes
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