Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Broad Street area can be challenging. Home prices in South Broad Street are now at a median cost of $318,860, higher than the Newark average of $291,901.
The average cost of rent is $1,005/mo in South Broad Street, primarily driven by the current value of real estate in the South Broad Street area. While nearly 33.08% of residents own their homes outright in South Broad Street, 81.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Broad Street is $2,979 per month. Households that rent pay about 33.73% of their income on rent here. South Broad Street's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Springfield-Belmont, Newark, NJ: less expensive homes
- Lower Clinton Hill, Newark, NJ: less expensive homes
- South Ironbound, Newark, NJ: equally priced homes
- Central Business District, Newark, NJ: equally priced homes
- Upper Clinton Hill, Newark, NJ: less expensive homes
- University Heights, Newark, NJ: less expensive homes
- North Ironbound, Newark, NJ: higher priced homes
- Weequahic, Newark, NJ: less expensive homes
- Fairmuont, Newark, NJ: less expensive homes
- Seventh Avenue, Newark, NJ: less expensive homes
Neighborhoods with Similar Populations
- Eastwood, Syracuse, NY: less expensive homes
- The Acre, Lowell, MA: less expensive homes
- Tennyson-Alquire, Hayward, CA: higher priced homes
- Southwest Topeka, Topeka, KS: less expensive homes
- Seacliff, San Francisco, CA: higher priced homes
- Riverwest, Milwaukee, WI: less expensive homes
- River Road, Eugene, OR: less expensive homes
- Fremont, Seattle, WA: higher priced homes
- Estates Of Highland Creek, Katy, TX: less expensive homes
- Emmons Orchard, Lincoln Park, MI: less expensive homes
All Local Stats
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