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These days, finding an affordable place to live in the Little Silver area can be challenging. Home prices in Little Silver are now at a median cost of $968,567, higher than the New Jersey average of $496,577.
The average cost of rent is $3,445/mo in Little Silver, primarily driven by the current value of real estate in the Little Silver area. In Little Silver, 5.73% of households rent, and 27.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Little Silver is $17,660 per month. Households that rent pay about 19.51% of their income on rent here. Little Silver’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shrewsbury, NJ: less expensive homes
- Fair Haven, NJ: equally priced homes
- Fort Monmouth, NJ: less expensive homes
- Oceanport, NJ: less expensive homes
- Red Bank, NJ: less expensive homes
- Rumson, NJ: higher priced homes
- Eatontown, NJ: less expensive homes
- Monmouth Beach, NJ: equally priced homes
- West Long Branch, NJ: less expensive homes
- Long Branch, NJ: less expensive homes
Cities with Similar Populations
- East Farmingdale, NY: less expensive homes
- Dunlap, IN: less expensive homes
- Ronan, MT: less expensive homes
- Durand, MI: less expensive homes
- Durham, CT: less expensive homes
- Rootstown, OH: less expensive homes
- Roseland, NJ: less expensive homes
- East Berlin, PA: less expensive homes
- East China, MI: less expensive homes
- Rib Mountain, WI: less expensive homes
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