The Most Affordable Neighborhoods in Perth Amboy, NJ by Home Value

 

Perth Amboy, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Perth Amboy area can be challenging. Home prices in Perth Amboy are now at a median cost of $282,570, lower than the New Jersey average of $388,929.

The average cost of rent is $1,474/mo in Perth Amboy, primarily driven by the current value of real estate in the Perth Amboy area. While nearly 33.24% of residents own their homes outright in Perth Amboy, 66.38% rent.

Housing affordability isn’t just about home prices, though. The average household income in Perth Amboy is $5,002 per month. Households that rent pay about 29.46% of their income on rent here. Perth Amboy's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.


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