The Most Affordable Neighborhoods in Lower Clinton Hill, Newark, NJ by Home Value

 

Lower Clinton Hill, Newark, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lower Clinton Hill area can be challenging. Home prices in Lower Clinton Hill are now at a median cost of $258,518, lower than the Newark average of $291,901.

The average cost of rent is $1,263/mo in Lower Clinton Hill, primarily driven by the current value of real estate in the Lower Clinton Hill area. While nearly 22.17% of residents own their homes outright in Lower Clinton Hill, 84.66% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lower Clinton Hill is $3,293 per month. Households that rent pay about 38.35% of their income on rent here. Lower Clinton Hill's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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