The Most Affordable Neighborhoods in South Toms River, NJ by Home Value

 

South Toms River, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Toms River area can be challenging. Home prices in South Toms River are now at a median cost of $211,333, lower than the New Jersey average of $388,929.

The average cost of rent is $1,888/mo in South Toms River, primarily driven by the current value of real estate in the South Toms River area. While nearly 24.40% of residents own their homes outright in South Toms River, 25.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Toms River is $7,035 per month. Households that rent pay about 26.83% of their income on rent here. South Toms River'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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