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These days, finding an affordable place to live in the Stone Harbor area can be challenging. Home prices in Stone Harbor are now at a median cost of $2,000,001, higher than the New Jersey average of $496,577.
The average cost of rent is $1,711/mo in Stone Harbor, primarily driven by the current value of real estate in the Stone Harbor area. In Stone Harbor, 10.99% of households rent, and 58.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stone Harbor is $14,097 per month. Households that rent pay about 12.14% of their income on rent here. Stone Harbor’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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