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These days, finding an affordable place to live in the Holmdel area can be challenging. Home prices in Holmdel are now at a median cost of $874,425, higher than the New Jersey average of $496,577.
The average cost of rent is $3,243/mo in Holmdel, primarily driven by the current value of real estate in the Holmdel area. In Holmdel, 7.56% of households rent, and 40.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Holmdel is $15,548 per month. Households that rent pay about 20.86% of their income on rent here. Holmdel’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern 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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- Frederick, CO: less expensive homes
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