The Most Affordable Neighborhoods in Ocean Acres, NJ by Home Value

 

Ocean Acres, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ocean Acres area can be challenging. Home prices in Ocean Acres are now at a median cost of $280,918, lower than the New Jersey average of $388,929.

The average cost of rent is $1,884/mo in Ocean Acres, primarily driven by the current value of real estate in the Ocean Acres area. While nearly 33.04% of residents own their homes outright in Ocean Acres, 7.44% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ocean Acres is $7,602 per month. Households that rent pay about 24.79% of their income on rent here. Ocean Acres's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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