Expensive
Affordable
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These days, finding an affordable place to live in the Laurel Lake area can be challenging. Home prices in Laurel Lake are now at a median cost of $159,528, lower than the New Jersey average of $496,577.
The average cost of rent is $1,247/mo in Laurel Lake, primarily driven by the current value of real estate in the Laurel Lake area. In Laurel Lake, 24.19% of households rent, and 56.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laurel Lake is $5,840 per month. Households that rent pay about 21.36% of their income on rent here. Laurel Lake’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Buckshutem, NJ: equally priced homes
- Menantico, NJ: higher priced homes
- Port Elizabeth, NJ: higher priced homes
- Mauricetown, NJ: higher priced homes
- Millville, NJ: higher priced homes
- Centre Grove, NJ: higher priced homes
- Dividing Creek, NJ: higher priced homes
- Port Norris, NJ: equally priced homes
- Dorchester, NJ: higher priced homes
- Heislerville, NJ: higher priced homes
Cities with Similar Populations
- Falconer, NY: less expensive homes
- Howards Grove, WI: higher priced homes
- Gunnison, UT: higher priced homes
- St. Leo, FL: higher priced homes
- Campton, KY: less expensive homes
- Athens, IL: higher priced homes
- Willis, MI: higher priced homes
- Shepherd, MT: higher priced homes
- Palmyra, WI: higher priced homes
- Osgood, IN: higher priced homes
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