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These days, finding an affordable place to live in the Cherry Hill Mall area can be challenging. Home prices in Cherry Hill Mall are now at a median cost of $333,154, lower than the New Jersey average of $496,577.
The average cost of rent is $1,843/mo in Cherry Hill Mall, primarily driven by the current value of real estate in the Cherry Hill Mall area. In Cherry Hill Mall, 28.62% of households rent, and 36.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Hill Mall is $8,779 per month. Households that rent pay about 20.99% of their income on rent here. Cherry Hill Mall’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Maple Shade, NJ: less expensive homes
- Golden Triangle, NJ: equally priced homes
- Cherry Hill, NJ: higher priced homes
- Merchantville, NJ: less expensive homes
- Collingswood, NJ: higher priced homes
- Haddonfield, NJ: higher priced homes
- Pennsauken, NJ: less expensive homes
- Moorestown-Lenola, NJ: higher priced homes
- Ramblewood, NJ: higher priced homes
- Greentree, NJ: higher priced homes
Cities with Similar Populations
- Madisonville, TN: less expensive homes
- Pineville, NC: higher priced homes
- Pierre, SD: less expensive homes
- Penuelas, PR: less expensive homes
- Pelham, NH: higher priced homes
- Pearl River, NY: higher priced homes
- Palos Heights, IL: equally priced homes
- New Franklin, OH: less expensive homes
- Moorestown-Lenola, NJ: higher priced homes
- Milford, PA: less expensive homes
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