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These days, finding an affordable place to live in the Loch Arbour area can be challenging. Home prices in Loch Arbour are now at a median cost of $1,212,200, higher than the New Jersey average of $496,577.
The average cost of rent is $1,570/mo in Loch Arbour, primarily driven by the current value of real estate in the Loch Arbour area. In Loch Arbour, 36.82% of households rent, and 67.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loch Arbour is $8,313 per month. Households that rent pay about 18.89% of their income on rent here. Loch Arbour’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.
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