Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Royal area can be challenging. Home prices in Mount Royal are now at a median cost of $291,625, lower than the New Jersey average of $388,929.
The average cost of rent is $1,526/mo in Mount Royal, primarily driven by the current value of real estate in the Mount Royal area. While nearly 20.57% of residents own their homes outright in Mount Royal, 5.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Royal is $10,196 per month. Households that rent pay about 14.97% of their income on rent here. Mount Royal's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Clarksboro, NJ: equally priced homes
- Mantua, NJ: less expensive homes
- Paulsboro, NJ: less expensive homes
- Mickleton, NJ: higher priced homes
- Wenonah, NJ: less expensive homes
- Woodbury Heights, NJ: less expensive homes
- Thorofare, NJ: less expensive homes
- Gibbstown, NJ: less expensive homes
- Woodbury, NJ: less expensive homes
- National Park, NJ: less expensive homes
Cities with Similar Populations
- Stockton, NJ: higher priced homes
- Clarksville, OH: less expensive homes
- South Charleston, OH: less expensive homes
- Sleepy Eye, MN: less expensive homes
- Lancaster, VA: less expensive homes
- Leonard, TX: less expensive homes
- Wolcott, NY: less expensive homes
- Westover, WV: less expensive homes
- West Ocean City, MD: higher priced homes
- Thiensville, WI: higher priced homes
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