Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pompton Lakes area can be challenging. Home prices in Pompton Lakes are now at a median cost of $348,515, lower than the New Jersey average of $388,929.
The average cost of rent is $1,616/mo in Pompton Lakes, primarily driven by the current value of real estate in the Pompton Lakes area. While nearly 26.21% of residents own their homes outright in Pompton Lakes, 21.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pompton Lakes is $9,779 per month. Households that rent pay about 16.52% of their income on rent here. Pompton Lakes's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Riverdale, NJ: higher priced homes
- Pompton Plains, NJ: higher priced homes
- Bloomingdale, NJ: equally priced homes
- Wanaque, NJ: equally priced homes
- Butler, NJ: equally priced homes
- Oakland, NJ: higher priced homes
- Pequannock, NJ: higher priced homes
- Franklin Lakes, NJ: higher priced homes
- Wayne, NJ: higher priced homes
- Kinnelon, NJ: higher priced homes
Cities with Similar Populations
- Echelon, NJ: less expensive homes
- Timberlake, VA: less expensive homes
- Tillamook, OR: less expensive homes
- Fairview, TX: equally priced homes
- Fairview, TN: less expensive homes
- Fairmont, MN: less expensive homes
- Escalon, CA: higher priced homes
- Ellsworth, ME: less expensive homes
- Edgewood, NM: less expensive homes
- Totowa, NJ: higher priced homes
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