The Most Affordable Neighborhoods in Collings Lakes, NJ by Home Value

 

Collings Lakes, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Collings Lakes area can be challenging. Home prices in Collings Lakes are now at a median cost of $145,557, lower than the New Jersey average of $388,929.

The average cost of rent is $1,266/mo in Collings Lakes, primarily driven by the current value of real estate in the Collings Lakes area. While nearly 34.47% of residents own their homes outright in Collings Lakes, 8.87% rent.

Housing affordability isn’t just about home prices, though. The average household income in Collings Lakes is $5,159 per month. Households that rent pay about 24.54% of their income on rent here. Collings Lakes's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.


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