Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lodi area can be challenging. Home prices in Lodi are now at a median cost of $390,063, higher than the New Jersey average of $388,929.
The average cost of rent is $1,505/mo in Lodi, primarily driven by the current value of real estate in the Lodi area. While nearly 32.78% of residents own their homes outright in Lodi, 57.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lodi is $6,282 per month. Households that rent pay about 23.95% of their income on rent here. Lodi's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Hasbrouck Heights, NJ: higher priced homes
- Garfield, NJ: equally priced homes
- Teterboro, NJ: higher priced homes
- Wood-Ridge, NJ: higher priced homes
- Hackensack, NJ: less expensive homes
- Saddle Brook, NJ: equally priced homes
- Wallington, NJ: equally priced homes
- Maywood, NJ: equally priced homes
- South Hackensack, NJ: equally priced homes
- Rochelle Park, NJ: higher priced homes
Cities with Similar Populations
- Parlin, NJ: less expensive homes
- McKeesport, PA: less expensive homes
- Meadville, PA: less expensive homes
- Mercer Island, WA: higher priced homes
- Milford Mill, MD: less expensive homes
- Mokena, IL: less expensive homes
- Mountain Home, AR: less expensive homes
- New Albany, OH: equally priced homes
- New Caney, TX: less expensive homes
- New Milford, CT: less expensive homes
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