The Most Affordable Neighborhoods in New Lisbon, NJ by Home Value

 

New Lisbon, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Lisbon area can be challenging. Home prices in New Lisbon are now at a median cost of $318,943, lower than the New Jersey average of $496,577.

The average cost of rent is $1,178/mo in New Lisbon, primarily driven by the current value of real estate in the New Lisbon area. In New Lisbon, 11.83% of households rent, and 60.55% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Lisbon is $5,637 per month. Households that rent pay about 20.89% of their income on rent here. New Lisbon’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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