Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Laurel area can be challenging. Home prices in Mount Laurel are now at a median cost of $292,340, lower than the New Jersey average of $388,929.
The average cost of rent is $1,634/mo in Mount Laurel, primarily driven by the current value of real estate in the Mount Laurel area. While nearly 29.87% of residents own their homes outright in Mount Laurel, 24.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Laurel is $8,781 per month. Households that rent pay about 18.60% of their income on rent here. Mount Laurel's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Moorestown, NJ: higher priced homes
- Ramblewood, NJ: equally priced homes
- Hainesport, NJ: higher priced homes
- Moorestown-Lenola, NJ: higher priced homes
- Marlton, NJ: equally priced homes
- Westampton, NJ: equally priced homes
- Greentree, NJ: higher priced homes
- Lumberton, NJ: higher priced homes
- Willingboro, NJ: less expensive homes
- Maple Shade, NJ: less expensive homes
Cities with Similar Populations
- Kendall West, FL: less expensive homes
- Saratoga Springs, UT: higher priced homes
- Saratoga Springs, NY: higher priced homes
- Sandusky, OH: less expensive homes
- Lewiston, ME: less expensive homes
- Lake Wales, FL: less expensive homes
- Lake Orion, MI: equally priced homes
- La Quinta, CA: higher priced homes
- La Puente, CA: higher priced homes
- Schertz, TX: less expensive homes
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