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Affordable
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These days, finding an affordable place to live in the Port Monmouth area can be challenging. Home prices in Port Monmouth are now at a median cost of $520,802, higher than the New Jersey average of $496,577.
The average cost of rent is $1,628/mo in Port Monmouth, primarily driven by the current value of real estate in the Port Monmouth area. In Port Monmouth, 15.77% of households rent, and 36.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Port Monmouth is $10,367 per month. Households that rent pay about 15.70% of their income on rent here. Port Monmouth’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belford, NJ: equally priced homes
- Middletown, NJ: higher priced homes
- Keansburg, NJ: less expensive homes
- Leonardo, NJ: equally priced homes
- Union Beach, NJ: equally priced homes
- Hazlet, NJ: equally priced homes
- Atlantic Highlands, NJ: higher priced homes
- Holmdel, NJ: higher priced homes
- Red Bank, NJ: equally priced homes
- Keyport, NJ: less expensive homes
Cities with Similar Populations
- Pine Grove, CA: less expensive homes
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- Tappan, NY: higher priced homes
- Maricao, PR: less expensive homes
- Lake Clarke Shores, FL: equally priced homes
- Taft, TX: less expensive homes
- Piggott, AR: less expensive homes
- Manville, RI: less expensive homes
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