Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lower Vailsburg area can be challenging. Home prices in Lower Vailsburg are now at a median cost of $239,892, lower than the Newark average of $291,901.
The average cost of rent is $1,189/mo in Lower Vailsburg, primarily driven by the current value of real estate in the Lower Vailsburg area. While nearly 25.88% of residents own their homes outright in Lower Vailsburg, 56.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lower Vailsburg is $3,463 per month. Households that rent pay about 34.33% of their income on rent here. Lower Vailsburg's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Upper Vailsburg, Newark, NJ: equally priced homes
- Academy Heights, Orange, NJ: higher priced homes
- Upper Clinton Hill, Newark, NJ: equally priced homes
- Fairmuont, Newark, NJ: equally priced homes
- Weequahic, Newark, NJ: equally priced homes
- Lower Clinton Hill, Newark, NJ: equally priced homes
- Hutton Park, West Orange, NJ: higher priced homes
- Springfield-Belmont, Newark, NJ: less expensive homes
- University Heights, Newark, NJ: equally priced homes
- Lower Roseville, Newark, NJ: higher priced homes
Neighborhoods with Similar Populations
- Seattle Hill-Silver Firs, Silver Firs, WA: higher priced homes
- Ellsworth, Elmwood Park, IL: higher priced homes
- Encanto, San Diego, CA: higher priced homes
- Englewood, Chicago, IL: less expensive homes
- Fairfield, Cypress, TX: higher priced homes
- First Hill, Seattle, WA: higher priced homes
- Frankford, Baltimore, MD: less expensive homes
- Franklin Park, Austin, TX: less expensive homes
- Gandy-Sun Bay South, Tampa, FL: higher priced homes
- Garfield Park, Grand Rapids, MI: less expensive homes
All Local Stats
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