Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Elizabeth area can be challenging. Home prices in Downtown Elizabeth are now at a median cost of $293,271, lower than the Elizabeth average of $318,577.
The average cost of rent is $1,203/mo in Downtown Elizabeth, primarily driven by the current value of real estate in the Downtown Elizabeth area. While nearly 43.42% of residents own their homes outright in Downtown Elizabeth, 80.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Elizabeth is $3,772 per month. Households that rent pay about 31.88% of their income on rent here. Downtown Elizabeth's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the neighborhood.
Nearby Neighborhoods
- Howland Hook, Staten Island, NY: equally priced homes
- Weequahic, Newark, NJ: less expensive homes
- Lower Clinton Hill, Newark, NJ: less expensive homes
- Mariners Harbor, Staten Island, NY: higher priced homes
- Upper Clinton Hill, Newark, NJ: less expensive homes
- South Broad Street, Newark, NJ: equally priced homes
- South Ironbound, Newark, NJ: higher priced homes
- Port Richmond, Staten Island, NY: higher priced homes
- Constable Hook, Bayonne, NJ: higher priced homes
- Bulls Head, Staten Island, NY: higher priced homes
Neighborhoods with Similar Populations
- Indiana University, Bloomington, IN: less expensive homes
- Glendale, Salt Lake City, UT: less expensive homes
- Terrace, San Bernardino, CA: less expensive homes
- Cathedral Park, Portland, OR: higher priced homes
- Meridian-Kessler, Indianapolis, IN: higher priced homes
- Merle Hay, Des Moines, IA: less expensive homes
- Cheltenham, Chicago, IL: less expensive homes
- Chinatown, Los Angeles, CA: higher priced homes
- City College Area, Long Beach, CA: higher priced homes
- Greenland, Jacksonville, FL: equally priced homes
All Local Stats
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