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These days, finding an affordable place to live in the Moorestown area can be challenging. Home prices in Moorestown are now at a median cost of $752,314, higher than the New Jersey average of $496,577.
The average cost of rent is $2,016/mo in Moorestown, primarily driven by the current value of real estate in the Moorestown area. In Moorestown, 18.35% of households rent, and 35.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Moorestown is $16,467 per month. Households that rent pay about 12.24% of their income on rent here. Moorestown’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Moorestown-Lenola, NJ: less expensive homes
- Mount Laurel, NJ: less expensive homes
- Riverside, NJ: less expensive homes
- Riverton, NJ: less expensive homes
- Ramblewood, NJ: less expensive homes
- Maple Shade, NJ: less expensive homes
- Willingboro, NJ: less expensive homes
- Delran, NJ: less expensive homes
- Westampton, NJ: less expensive homes
- Hainesport, NJ: less expensive homes
Cities with Similar Populations
- Westmoreland, TN: less expensive homes
- Jefferson, WI: less expensive homes
- Whitehouse, OH: less expensive homes
- Whitehall, PA: less expensive homes
- White Oak, PA: less expensive homes
- White, GA: less expensive homes
- Whippany, NJ: less expensive homes
- Wheatfield, IN: less expensive homes
- Westwego, LA: less expensive homes
- Westville, IN: less expensive homes
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