Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the North Cape May area can be challenging. Home prices in North Cape May are now at a median cost of $254,431, lower than the New Jersey average of $388,929.
The average cost of rent is $1,404/mo in North Cape May, primarily driven by the current value of real estate in the North Cape May area. While nearly 36.84% of residents own their homes outright in North Cape May, 17.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Cape May is $5,386 per month. Households that rent pay about 26.06% of their income on rent here. North Cape May's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Cape May, NJ: higher priced homes
- Cold Spring, NJ: higher priced homes
- West Cape May, NJ: higher priced homes
- Villas, NJ: less expensive homes
- Cape May Point, NJ: higher priced homes
- Wildwood Gables, NJ: higher priced homes
- Rio Grande, NJ: equally priced homes
- Wildwood Crest, NJ: higher priced homes
- Wildwood, NJ: higher priced homes
- West Wildwood, NJ: higher priced homes
Cities with Similar Populations
- Redfield, SD: less expensive homes
- Little Hocking, OH: less expensive homes
- Lordsburg, NM: less expensive homes
- Allenton, MI: equally priced homes
- Maurertown, VA: equally priced homes
- Mont Vernon, NH: higher priced homes
- Nichols, SC: less expensive homes
- North Windham, CT: less expensive homes
- Poth, TX: less expensive homes
- Purdy, MO: less expensive homes
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