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These days, finding an affordable place to live in the Lamington area can be challenging. Home prices in Lamington are now at a median cost of $888,554, higher than the New Jersey average of $496,577.
The average cost of rent is $2,972/mo in Lamington, primarily driven by the current value of real estate in the Lamington area. In Lamington, 21.21% of households rent, and 36.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lamington is $13,017 per month. Households that rent pay about 22.83% of their income on rent here. Lamington’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oldwick, NJ: equally priced homes
- Gladstone, NJ: equally priced homes
- Whitehouse, NJ: less expensive homes
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- North Branch Depot, NJ: less expensive homes
- Pottersville, NJ: less expensive homes
- Peapack and Gladstone, NJ: equally priced homes
- Far Hills, NJ: equally priced homes
- Whitehouse Station, NJ: less expensive homes
- Bridgewater, NJ: less expensive homes
Cities with Similar Populations
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- Old Bland, MO: less expensive homes
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- North Hebron, NY: less expensive homes
- North Chatham, NY: less expensive homes
- Pine, OR: less expensive homes
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