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These days, finding an affordable place to live in the Port Murray area can be challenging. Home prices in Port Murray are now at a median cost of $483,197, lower than the New Jersey average of $496,577.
The average cost of rent is $1,647/mo in Port Murray, primarily driven by the current value of real estate in the Port Murray area. In Port Murray, 11.36% of households rent, and 41.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Port Murray is $9,755 per month. Households that rent pay about 16.88% of their income on rent here. Port Murray’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Schooleys Mountain, NJ: higher priced homes
- Changewater, NJ: equally priced homes
- Port Colden, NJ: less expensive homes
- Oxford, NJ: less expensive homes
- Washington, NJ: less expensive homes
- Glen Gardner, NJ: equally priced homes
- Long Valley, NJ: higher priced homes
- Hackettstown, NJ: less expensive homes
- Vienna, NJ: equally priced homes
- Califon, NJ: higher priced homes
Cities with Similar Populations
- Astatula, FL: less expensive homes
- Cambridge City, IN: less expensive homes
- Canadian, TX: less expensive homes
- Corbett, OR: higher priced homes
- Corrigan, TX: less expensive homes
- Coward, SC: less expensive homes
- Floydada, TX: less expensive homes
- New Bloomfield, MO: less expensive homes
- Winsted, MN: less expensive homes
- Onaway, MI: less expensive homes
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