Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Princeton Junction area can be challenging. Home prices in Princeton Junction are now at a median cost of $611,292, higher than the New Jersey average of $388,929.
The average cost of rent is $2,251/mo in Princeton Junction, primarily driven by the current value of real estate in the Princeton Junction area. While nearly 36.02% of residents own their homes outright in Princeton Junction, 21.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Princeton Junction is $16,216 per month. Households that rent pay about 13.88% of their income on rent here. Princeton Junction's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Penns Neck, NJ: equally priced homes
- Windsor, NJ: equally priced homes
- Plainsboro, NJ: equally priced homes
- Princeton Meadows, NJ: less expensive homes
- Cranbury, NJ: less expensive homes
- Hamilton Square, NJ: less expensive homes
- Princeton, NJ: higher priced homes
- Hightstown, NJ: less expensive homes
- Mercerville, NJ: less expensive homes
- East Windsor, NJ: less expensive homes
Cities with Similar Populations
- Sunnyside, WA: less expensive homes
- Elmwood Park, NJ: less expensive homes
- Enumclaw, WA: less expensive homes
- Essex, VT: less expensive homes
- Ferndale, MI: less expensive homes
- Florida City, FL: less expensive homes
- Florida Ridge, FL: less expensive homes
- Sun Valley, NV: less expensive homes
- Sunny Isles Beach, FL: equally priced homes
- Ellijay, GA: less expensive homes
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