Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Port Elizabeth area can be challenging. Home prices in Port Elizabeth are now at a median cost of $186,156, lower than the New Jersey average of $388,929.
The average cost of rent is $1,299/mo in Port Elizabeth, primarily driven by the current value of real estate in the Port Elizabeth area. While nearly 57.66% of residents own their homes outright in Port Elizabeth, 23.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Port Elizabeth is $4,597 per month. Households that rent pay about 28.26% of their income on rent here. Port Elizabeth's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Menantico, NJ: equally priced homes
- Buckshutem, NJ: equally priced homes
- Mauricetown, NJ: equally priced homes
- Laurel Lake, NJ: less expensive homes
- Dorchester, NJ: less expensive homes
- Hesstown, NJ: equally priced homes
- Heislerville, NJ: less expensive homes
- Leesburg, NJ: less expensive homes
- Port Norris, NJ: less expensive homes
- Millville, NJ: less expensive homes
Cities with Similar Populations
- Erie, ND: less expensive homes
- Tomlinson Corners, NY: higher priced homes
- Tolovana Park, OR: higher priced homes
- Tolar, NM: less expensive homes
- Todds Point, IL: less expensive homes
- Toadlena, NM: less expensive homes
- Tipton, OH: less expensive homes
- Talpa, TX: equally priced homes
- Tallant, OK: less expensive homes
- Farlin, IA: equally priced homes
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