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Affordable
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These days, finding an affordable place to live in the Hi-Nella area can be challenging. Home prices in Hi-Nella are now at a median cost of $262,488, lower than the New Jersey average of $496,577.
The average cost of rent is $1,533/mo in Hi-Nella, primarily driven by the current value of real estate in the Hi-Nella area. In Hi-Nella, 54.95% of households rent, and 27.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hi-Nella is $6,606 per month. Households that rent pay about 23.21% of their income on rent here. Hi-Nella’s most expensive areas are in the southeastern 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
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Cities with Similar Populations
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