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These days, finding an affordable place to live in the Lincoln area can be challenging. Home prices in Lincoln are now at a median cost of $433,778, lower than the New Jersey average of $496,577.
The average cost of rent is $2,495/mo in Lincoln, primarily driven by the current value of real estate in the Lincoln area. In Lincoln, 6.91% of households rent, and 50.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lincoln is $9,638 per month. Households that rent pay about 25.89% of their income on rent here. Lincoln’s most expensive areas are in the central 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
- Harrisonville, NJ: equally priced homes
- Mullica Hill, NJ: higher priced homes
- Woodstown, NJ: less expensive homes
- Daretown, NJ: less expensive homes
- Marlton Heights, NJ: less expensive homes
- Monroeville, NJ: less expensive homes
- Yorktown, NJ: less expensive homes
- Friendship, NJ: less expensive homes
- Richwood, NJ: less expensive homes
- Swedesboro, NJ: equally priced homes
Cities with Similar Populations
- Shinhopple, NY: less expensive homes
- Island Beach, WI: less expensive homes
- Jack, MS: less expensive homes
- Jackson Summit, NY: less expensive homes
- Jacksville, PA: less expensive homes
- Johnson, MN: less expensive homes
- Kilgore, OH: less expensive homes
- Shaws, IL: less expensive homes
- Shell, WY: less expensive homes
- Shenandoah, OH: less expensive homes
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