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 $260,370, lower than the New Jersey average of $388,929.
The average cost of rent is $1,372/mo in Cherry Hill, primarily driven by the current value of real estate in the Cherry Hill area. While nearly 35.32% of residents own their homes outright in Cherry Hill, 29.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Hill is $8,122 per month. Households that rent pay about 16.89% of their income on rent here. Cherry Hill's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Cherry Hill Mall, NJ: equally priced homes
- Golden Triangle, NJ: equally priced homes
- Haddonfield, NJ: higher priced homes
- Ashland, NJ: equally priced homes
- Maple Shade, NJ: less expensive homes
- Greentree, NJ: higher priced homes
- Tavistock, NJ: less expensive homes
- Ramblewood, NJ: higher priced homes
- Springdale, NJ: higher priced homes
- Collingswood, NJ: higher priced homes
Cities with Similar Populations
- Cheney, WA: equally priced homes
- San Fernando, CA: higher priced homes
- Jacksonville, AL: less expensive homes
- Jacksonville, IL: less expensive homes
- Jasper, IN: less expensive homes
- Deridder, LA: less expensive homes
- Crestwood, KY: higher priced homes
- Mayfield Heights, OH: less expensive homes
- Lexington Park, MD: higher priced homes
- Choctaw, OK: less expensive homes
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