Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morganville area can be challenging. Home prices in Morganville are now at a median cost of $536,686, higher than the New Jersey average of $388,929.
The average cost of rent is $2,348/mo in Morganville, primarily driven by the current value of real estate in the Morganville area. While nearly 26.25% of residents own their homes outright in Morganville, 9.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morganville is $12,246 per month. Households that rent pay about 19.17% of their income on rent here. Morganville's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Strathmore, NJ: less expensive homes
- Matawan, NJ: less expensive homes
- Robertsville, NJ: equally priced homes
- Marlboro, NJ: higher priced homes
- Old Bridge, NJ: less expensive homes
- Holmdel, NJ: higher priced homes
- Cliffwood, NJ: less expensive homes
- Laurence Harbor, NJ: less expensive homes
- Keyport, NJ: less expensive homes
- Hazlet, NJ: less expensive homes
Cities with Similar Populations
- Holliston, MA: equally priced homes
- Williamsburg, KY: less expensive homes
- Wilmington Island, GA: less expensive homes
- Idylwood, VA: higher priced homes
- Huron, SD: less expensive homes
- Hugo, MN: less expensive homes
- Hueytown, AL: less expensive homes
- Hudson, NY: less expensive homes
- Horsham, PA: less expensive homes
- Hooksett, NH: less expensive homes
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