Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Hiawatha area can be challenging. Home prices in Lake Hiawatha are now at a median cost of $361,888, lower than the New Jersey average of $388,929.
The average cost of rent is $1,473/mo in Lake Hiawatha, primarily driven by the current value of real estate in the Lake Hiawatha area. While nearly 50.22% of residents own their homes outright in Lake Hiawatha, 33.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Hiawatha is $9,674 per month. Households that rent pay about 15.23% of their income on rent here. Lake Hiawatha's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Montville, NJ: higher priced homes
- Parsippany, NJ: higher priced homes
- Pine Brook, NJ: higher priced homes
- Boonton, NJ: higher priced homes
- Mountain Lakes, NJ: higher priced homes
- Towaco, NJ: higher priced homes
- Fairfield, NJ: higher priced homes
- Whippany, NJ: higher priced homes
- East Hanover, NJ: higher priced homes
- Lincoln Park, NJ: equally priced homes
Cities with Similar Populations
- Pfafftown, NC: less expensive homes
- Montpelier, VT: less expensive homes
- Morro Bay, CA: higher priced homes
- Moscow, PA: less expensive homes
- Mount Olive, NC: less expensive homes
- Mount Pleasant, IA: less expensive homes
- Mount Sinai, NY: higher priced homes
- Parsons, KS: less expensive homes
- Paso Robles, CA: higher priced homes
- Pearsall, TX: less expensive homes
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