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Affordable
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These days, finding an affordable place to live in the Forked River area can be challenging. Home prices in Forked River are now at a median cost of $411,090, lower than the New Jersey average of $496,577.
The average cost of rent is $1,970/mo in Forked River, primarily driven by the current value of real estate in the Forked River area. In Forked River, 13.10% of households rent, and 39.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forked River is $8,632 per month. Households that rent pay about 22.82% of their income on rent here. Forked River’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Forked River Beach, NJ: equally priced homes
- Lanoka Harbor, NJ: higher priced homes
- Waretown, NJ: higher priced homes
- Bayville, NJ: equally priced homes
- Beachwood, NJ: less expensive homes
- Barnegat, NJ: equally priced homes
- Pine Beach, NJ: equally priced homes
- Ocean Gate, NJ: less expensive homes
- South Toms River, NJ: less expensive homes
- Island Heights, NJ: higher priced homes
Cities with Similar Populations
- Radford, VA: less expensive homes
- Haughton, LA: less expensive homes
- Havelock, NC: less expensive homes
- Havre de Grace, MD: equally priced homes
- Hawthorne, NJ: higher priced homes
- Hermosa Beach, CA: higher priced homes
- Highland, UT: higher priced homes
- Holly, MI: less expensive homes
- Louisville, OH: less expensive homes
- Orocovis, PR: less expensive homes
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