The Most Affordable Neighborhoods in Pleasant Acres, New Milford, NJ by Home Value

 

Pleasant Acres, New Milford, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pleasant Acres area can be challenging. Home prices in Pleasant Acres are now at a median cost of $633,893, higher than the New Milford average of $599,201.

The average cost of rent is $2,553/mo in Pleasant Acres, primarily driven by the current value of real estate in the Pleasant Acres area. In Pleasant Acres, 27.70% of households rent, and 33.70% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Pleasant Acres is $11,738 per month. Households that rent pay about 21.75% of their income on rent here. Pleasant Acres’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.

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


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