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These days, finding an affordable place to live in the Mount Pleasant-Lower Broadway area can be challenging. Home prices in Mount Pleasant-Lower Broadway are now at a median cost of $308,116, higher than the Newark average of $291,901.
The average cost of rent is $1,129/mo in Mount Pleasant-Lower Broadway, primarily driven by the current value of real estate in the Mount Pleasant-Lower Broadway area. While nearly 37.49% of residents own their homes outright in Mount Pleasant-Lower Broadway, 63.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Pleasant-Lower Broadway is $4,799 per month. Households that rent pay about 23.53% of their income on rent here. Mount Pleasant-Lower Broadway's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Seventh Avenue, Newark, NJ: equally priced homes
- Lower Roseville, Newark, NJ: equally priced homes
- North Broadway, Newark, NJ: equally priced homes
- Forest Hill, Newark, NJ: higher priced homes
- University Heights, Newark, NJ: less expensive homes
- Upper Roseville, Newark, NJ: equally priced homes
- Central Business District, Newark, NJ: equally priced homes
- Fairmuont, Newark, NJ: less expensive homes
- Springfield-Belmont, Newark, NJ: less expensive homes
- North Ironbound, Newark, NJ: higher priced homes
Neighborhoods with Similar Populations
- Federal Hill-Montgomery, Baltimore, MD: higher priced homes
- Delhi, Santa Ana, CA: higher priced homes
- Snow Woods, Dearborn, MI: less expensive homes
- Downtown Crossing, Boston, MA: higher priced homes
- South Bay, Eureka, CA: less expensive homes
- Downtown Modesto, Modesto, CA: less expensive homes
- Duclay, Jacksonville, FL: less expensive homes
- East Avenue, Rochester, NY: equally priced homes
- East Elmhurst, Queens, NY: higher priced homes
- East End, Alameda, CA: higher priced homes
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