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Affordable
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These days, finding an affordable place to live in the Freehold area can be challenging. Home prices in Freehold are now at a median cost of $496,388, lower than the New Jersey average of $496,577.
The average cost of rent is $2,009/mo in Freehold, primarily driven by the current value of real estate in the Freehold area. In Freehold, 23.81% of households rent, and 36.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Freehold is $10,962 per month. Households that rent pay about 18.33% of their income on rent here. Freehold’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Freehold, NJ: higher priced homes
- Jerseyville, NJ: higher priced homes
- Marlboro, NJ: higher priced homes
- Georgia, NJ: higher priced homes
- Englishtown, NJ: higher priced homes
- Collingwood Park, NJ: higher priced homes
- Colts Neck, NJ: higher priced homes
- Farmingdale, NJ: higher priced homes
- Robertsville, NJ: higher priced homes
- Leisure Knoll, NJ: higher priced homes
Cities with Similar Populations
- Marlborough, MA: equally priced homes
- Redmond, OR: equally priced homes
- Oak Harbor, WA: equally priced homes
- North Brunswick, NJ: less expensive homes
- Nicholasville, KY: less expensive homes
- Monrovia, CA: higher priced homes
- Milton, GA: higher priced homes
- Midlothian, TX: less expensive homes
- McLean, VA: higher priced homes
- Romeoville, IL: less expensive homes
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