Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merchantville area can be challenging. Home prices in Merchantville are now at a median cost of $181,271, lower than the New Jersey average of $388,929.
The average cost of rent is $1,242/mo in Merchantville, primarily driven by the current value of real estate in the Merchantville area. While nearly 34.70% of residents own their homes outright in Merchantville, 26.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merchantville is $6,236 per month. Households that rent pay about 19.92% of their income on rent here. Merchantville's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Pennsauken, NJ: less expensive homes
- Golden Triangle, NJ: higher priced homes
- Cherry Hill Mall, NJ: higher priced homes
- Collingswood, NJ: higher priced homes
- Camden, NJ: less expensive homes
- Maple Shade, NJ: less expensive homes
- Woodlynne, NJ: less expensive homes
- Oaklyn, NJ: higher priced homes
- Cherry Hill, NJ: higher priced homes
- Haddonfield, NJ: higher priced homes
Cities with Similar Populations
- Acton, MA: higher priced homes
- Youngsville, NC: higher priced homes
- World Golf Village, FL: higher priced homes
- Windermere, FL: higher priced homes
- Willow Spring, NC: higher priced homes
- West Carson, CA: higher priced homes
- Wendell, NC: higher priced homes
- Capitol Heights, MD: higher priced homes
- Canfield, OH: higher priced homes
- Candler-McAfee, GA: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood