Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Dorchester area can be challenging. Home prices in Dorchester are now at a median cost of $161,601, lower than the New Jersey average of $388,929.
The average cost of rent is $1,164/mo in Dorchester, primarily driven by the current value of real estate in the Dorchester area. While nearly 43.84% of residents own their homes outright in Dorchester, 23.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Dorchester is $5,011 per month. Households that rent pay about 23.22% of their income on rent here. Dorchester's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Heislerville, NJ: equally priced homes
- Leesburg, NJ: less expensive homes
- Mauricetown, NJ: higher priced homes
- Port Elizabeth, NJ: higher priced homes
- Delmont, NJ: higher priced homes
- Port Norris, NJ: equally priced homes
- Buckshutem, NJ: higher priced homes
- Laurel Lake, NJ: less expensive homes
- Menantico, NJ: higher priced homes
- Eldora, NJ: higher priced homes
Cities with Similar Populations
- Hickston, TX: less expensive homes
- Shamrock Shores, TX: less expensive homes
- Sharon, KS: less expensive homes
- Shelburne, MA: higher priced homes
- Sheldon, ND: less expensive homes
- Shepard, SC: less expensive homes
- Jameson, MN: less expensive homes
- Ita, NC: less expensive homes
- Huxford, AL: equally priced homes
- Hurley, MO: higher priced homes
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