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These days, finding an affordable place to live in the Highland Lakes area can be challenging. Home prices in Highland Lakes are now at a median cost of $246,475, lower than the New Jersey average of $388,929.
The average cost of rent is $1,672/mo in Highland Lakes, primarily driven by the current value of real estate in the Highland Lakes area. While nearly 39.53% of residents own their homes outright in Highland Lakes, 6.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Highland Lakes is $7,637 per month. Households that rent pay about 21.89% of their income on rent here. Highland Lakes's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Highland Lake, NJ: higher priced homes
- Upper Greenwood Lake, NJ: higher priced homes
- Vernon, NJ: equally priced homes
- Glenwood, NJ: higher priced homes
- Hewitt, NJ: higher priced homes
- West Milford, NJ: higher priced homes
- Hamburg, NJ: equally priced homes
- Sussex, NJ: equally priced homes
- Warwick, NY: higher priced homes
- Sterling Forest, NY: higher priced homes
Cities with Similar Populations
- Woodlawn, NC: equally priced homes
- Warwick, OK: less expensive homes
- Fishertown, PA: less expensive homes
- Fairfield, MI: less expensive homes
- Essex, MO: less expensive homes
- Escalante, UT: less expensive homes
- Escabosa, NM: less expensive homes
- Equinunk, PA: equally priced homes
- Embarrass, WI: less expensive homes
- Winfield, FL: less expensive homes
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