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These days, finding an affordable place to live in the Deepwater area can be challenging. Home prices in Deepwater are now at a median cost of $194,966, lower than the New Jersey average of $496,577.
The average cost of rent is $1,404/mo in Deepwater, primarily driven by the current value of real estate in the Deepwater area. In Deepwater, 22.60% of households rent, and 38.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Deepwater is $7,246 per month. Households that rent pay about 19.38% of their income on rent here. Deepwater’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Golf Manor, NJ: higher priced homes
- Carneys Point, NJ: equally priced homes
- Pennsville, NJ: equally priced homes
- Penns Grove, NJ: higher priced homes
- Marshalltown, NJ: higher priced homes
- Mahoneyville, NJ: higher priced homes
- Wilmington Manor, DE: higher priced homes
- Pedricktown, NJ: higher priced homes
- Edgemoor, DE: higher priced homes
- Bellefonte, DE: higher priced homes
Cities with Similar Populations
- Homer, IN: less expensive homes
- Roosevelt, OK: less expensive homes
- Roll, IN: equally priced homes
- Riverdale, ND: higher priced homes
- Joyce, LA: less expensive homes
- Jefferson, AL: less expensive homes
- Hulberton, NY: less expensive homes
- Hudson, SD: less expensive homes
- Howardwick, TX: less expensive homes
- Horse Pasture, VA: less expensive homes
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