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These days, finding an affordable place to live in the Grenloch area can be challenging. Home prices in Grenloch are now at a median cost of $384,770, lower than the New Jersey average of $496,577.
The average cost of rent is $1,579/mo in Grenloch, primarily driven by the current value of real estate in the Grenloch area. In Grenloch, 6.44% of households rent, and 24.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grenloch is $14,084 per month. Households that rent pay about 11.21% of their income on rent here. Grenloch’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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