Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherry Hill area can be challenging. Home prices in Cherry Hill are now at a median cost of $109,042, higher than the Brooklyn average of $102,083.
The average cost of rent is $934/mo in Cherry Hill, primarily driven by the current value of real estate in the Cherry Hill area. While nearly 42.37% of residents own their homes outright in Cherry Hill, 69.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Hill is $2,890 per month. Households that rent pay about 32.31% of their income on rent here. Cherry Hill's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Lakeland, Baltimore, MD: higher priced homes
- Hillcrest, Brooklyn Park, MD: higher priced homes
- Riverside, Baltimore, MD: higher priced homes
- Brooklyn-Curtis Bay, Brooklyn, MD: less expensive homes
- Federal Hill-Montgomery, Baltimore, MD: higher priced homes
- Washington Village, Baltimore, MD: higher priced homes
- Morrell Park, Baltimore, MD: higher priced homes
- Locust Point, Baltimore, MD: higher priced homes
- Pumphrey, Linthicum, MD: higher priced homes
- Downtown, Baltimore, MD: higher priced homes
Neighborhoods with Similar Populations
- Rancho Sahuarita, Sahuarita, AZ: higher priced homes
- Lyon Street, Santa Ana, CA: higher priced homes
- Ortega Hills, Jacksonville, FL: higher priced homes
- Highview, Louisville, KY: higher priced homes
- Twin Lakes, Denver, CO: higher priced homes
- Duluth Heights, Duluth, MN: higher priced homes
- Milwood, Kalamazoo, MI: higher priced homes
- Northgate, San Rafael, CA: higher priced homes
- Lake Marion Village, Poinciana, FL: higher priced homes
- Piper Glen Estates, Charlotte, NC: higher priced homes
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