Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elmer area can be challenging. Home prices in Elmer are now at a median cost of $222,190, lower than the New Jersey average of $388,929.
The average cost of rent is $1,186/mo in Elmer, primarily driven by the current value of real estate in the Elmer area. While nearly 43.55% of residents own their homes outright in Elmer, 14.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elmer is $7,030 per month. Households that rent pay about 16.87% of their income on rent here. Elmer's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Greenville, NJ: higher priced homes
- Centerton, NJ: equally priced homes
- Friendship, NJ: higher priced homes
- Shirley, NJ: higher priced homes
- Norma, NJ: equally priced homes
- Malaga, NJ: equally priced homes
- Deerfield Street, NJ: higher priced homes
- Iona, NJ: less expensive homes
- Daretown, NJ: higher priced homes
- Rosenhayn, NJ: equally priced homes
Cities with Similar Populations
- Cottontown, TN: higher priced homes
- Tiburon, CA: higher priced homes
- Tickfaw, LA: less expensive homes
- Tomahawk, WI: less expensive homes
- Torrington, WY: less expensive homes
- Williamsburg, OH: less expensive homes
- Creedmoor, NC: equally priced homes
- Williston Park, NY: higher priced homes
- Covington, VA: less expensive homes
- Thorofare, NJ: equally priced homes
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