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These days, finding an affordable place to live in the Friendship area can be challenging. Home prices in Friendship are now at a median cost of $263,668, lower than the New Jersey average of $496,577.
The average cost of rent is $1,578/mo in Friendship, primarily driven by the current value of real estate in the Friendship area. In Friendship, 9.36% of households rent, and 60.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Friendship is $7,503 per month. Households that rent pay about 21.03% of their income on rent here. Friendship’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Greenville, NJ: higher priced homes
- Monroeville, NJ: higher priced homes
- Daretown, NJ: higher priced homes
- Elmer, NJ: equally priced homes
- Shirley, NJ: higher priced homes
- Iona, NJ: equally priced homes
- Lincoln, NJ: higher priced homes
- Centerton, NJ: higher priced homes
- Clayton, NJ: equally priced homes
- Yorktown, NJ: higher priced homes
Cities with Similar Populations
- Lower Granville, VT: equally priced homes
- Loma, MT: less expensive homes
- London, MN: less expensive homes
- Long Beach, OH: less expensive homes
- Long, OH: less expensive homes
- Long Point, MI: higher priced homes
- Lonoak, CA: higher priced homes
- Looking Glass, OR: higher priced homes
- Loomis, OH: less expensive homes
- Lopeno, TX: less expensive homes
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