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Affordable
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These days, finding an affordable place to live in the Laurel Springs area can be challenging. Home prices in Laurel Springs are now at a median cost of $279,386, lower than the New Jersey average of $496,577.
The average cost of rent is $1,403/mo in Laurel Springs, primarily driven by the current value of real estate in the Laurel Springs area. In Laurel Springs, 20.29% of households rent, and 21.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laurel Springs is $9,651 per month. Households that rent pay about 14.54% of their income on rent here. Laurel Springs’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clementon, NJ: less expensive homes
- Stratford, NJ: less expensive homes
- Hi-Nella, NJ: equally priced homes
- Lindenwold, NJ: less expensive homes
- Somerdale, NJ: equally priced homes
- Echelon, NJ: higher priced homes
- Gibbsboro, NJ: higher priced homes
- Magnolia, NJ: equally priced homes
- Pine Hill, NJ: less expensive homes
- Pine Valley, NJ: less expensive homes
Cities with Similar Populations
- Stevinson, CA: higher priced homes
- Hermon, ME: higher priced homes
- Huron, TN: less expensive homes
- Hyndman, PA: less expensive homes
- Kintnersville, PA: higher priced homes
- Meridian, TX: less expensive homes
- Pleasant Hill, OH: equally priced homes
- Preston, TX: less expensive homes
- Riverside, PA: equally priced homes
- Shubuta, MS: less expensive homes
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