The Most Affordable Neighborhoods in South Orange, NJ by Home Value

 

South Orange, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Orange area can be challenging. Home prices in South Orange are now at a median cost of $571,309, higher than the New Jersey average of $388,929.

The average cost of rent is $1,721/mo in South Orange, primarily driven by the current value of real estate in the South Orange area. While nearly 20.32% of residents own their homes outright in South Orange, 30.46% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Orange is $12,201 per month. Households that rent pay about 14.10% of their income on rent here. South Orange's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.


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