Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Springfield-Belmont area can be challenging. Home prices in Springfield-Belmont are now at a median cost of $214,615, lower than the Newark average of $291,901.
The average cost of rent is $840/mo in Springfield-Belmont, primarily driven by the current value of real estate in the Springfield-Belmont area. While nearly 43.49% of residents own their homes outright in Springfield-Belmont, 87.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springfield-Belmont is $2,310 per month. Households that rent pay about 36.37% of their income on rent here. Springfield-Belmont's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- South Broad Street, Newark, NJ: higher priced homes
- University Heights, Newark, NJ: equally priced homes
- Central Business District, Newark, NJ: higher priced homes
- Lower Clinton Hill, Newark, NJ: higher priced homes
- Fairmuont, Newark, NJ: higher priced homes
- Upper Clinton Hill, Newark, NJ: higher priced homes
- South Ironbound, Newark, NJ: higher priced homes
- Seventh Avenue, Newark, NJ: higher priced homes
- North Ironbound, Newark, NJ: higher priced homes
- Lower Roseville, Newark, NJ: higher priced homes
Neighborhoods with Similar Populations
- Shaw, Washington, DC: higher priced homes
- North End, Bridgeport, CT: equally priced homes
- North Hills, El Paso, TX: equally priced homes
- North Park, Buffalo, NY: equally priced homes
- Northwest Corpus Christi, Corpus Christi, TX: less expensive homes
- O'Hare, Chicago, IL: equally priced homes
- Pine Grove, Chicago, IL: higher priced homes
- Pioneer Park, Las Vegas, NV: equally priced homes
- Sandtown-Southeastern Atlanta, Atlanta, GA: equally priced homes
- Sellwood-Moreland, Portland, OR: higher priced homes
All Local Stats
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