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These days, finding an affordable place to live in the Ocean Gate area can be challenging. Home prices in Ocean Gate are now at a median cost of $358,486, lower than the New Jersey average of $496,577.
The average cost of rent is $1,580/mo in Ocean Gate, primarily driven by the current value of real estate in the Ocean Gate area. In Ocean Gate, 17.15% of households rent, and 37.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ocean Gate is $6,019 per month. Households that rent pay about 26.25% of their income on rent here. Ocean Gate’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Island Heights, NJ: higher priced homes
- Pine Beach, NJ: higher priced homes
- Bayville, NJ: higher priced homes
- Seaside Park, NJ: higher priced homes
- Beachwood, NJ: equally priced homes
- Seaside Heights, NJ: higher priced homes
- Dover Beaches South, NJ: higher priced homes
- South Toms River, NJ: less expensive homes
- Lavallette, NJ: higher priced homes
- Lanoka Harbor, NJ: higher priced homes
Cities with Similar Populations
- Amenia, NY: equally priced homes
- Shamrock, TX: less expensive homes
- Titus, AL: less expensive homes
- Traer, IA: less expensive homes
- West Glendive, MT: less expensive homes
- Fairview-Ferndale, PA: less expensive homes
- Dunseith, ND: less expensive homes
- Duncan, AZ: less expensive homes
- Dellslow, WV: less expensive homes
- Dasher, GA: less expensive homes
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