Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gloucester City area can be challenging. Home prices in Gloucester City are now at a median cost of $137,523, lower than the New Jersey average of $388,929.
The average cost of rent is $1,310/mo in Gloucester City, primarily driven by the current value of real estate in the Gloucester City area. While nearly 36.19% of residents own their homes outright in Gloucester City, 35.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gloucester City is $5,130 per month. Households that rent pay about 25.54% of their income on rent here. Gloucester City's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Brooklawn, NJ: less expensive homes
- Mount Ephraim, NJ: higher priced homes
- Audubon Park, NJ: less expensive homes
- Woodlynne, NJ: less expensive homes
- Oaklyn, NJ: higher priced homes
- Bellmawr, NJ: higher priced homes
- Audubon, NJ: higher priced homes
- Westville, NJ: higher priced homes
- Haddon Heights, NJ: higher priced homes
- Camden, NJ: less expensive homes
Cities with Similar Populations
- Estacada, OR: higher priced homes
- Fallston, MD: higher priced homes
- Falling Waters, WV: higher priced homes
- Fairview, TX: higher priced homes
- Fairview, TN: higher priced homes
- Fairview, OR: higher priced homes
- Fairmont, MN: equally priced homes
- Fairfield, IA: equally priced homes
- Fairdale, KY: less expensive homes
- Etters, PA: higher priced homes
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