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These days, finding an affordable place to live in the Stratford area can be challenging. Home prices in Stratford are now at a median cost of $244,256, lower than the New Jersey average of $496,577.
The average cost of rent is $1,428/mo in Stratford, primarily driven by the current value of real estate in the Stratford area. In Stratford, 31.21% of households rent, and 38.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stratford is $8,564 per month. Households that rent pay about 16.68% of their income on rent here. Stratford’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hi-Nella, NJ: equally priced homes
- Laurel Springs, NJ: higher priced homes
- Somerdale, NJ: equally priced homes
- Clementon, NJ: less expensive homes
- Echelon, NJ: higher priced homes
- Lindenwold, NJ: less expensive homes
- Magnolia, NJ: equally priced homes
- Gibbsboro, NJ: higher priced homes
- Lawnside, NJ: equally priced homes
- Tavistock, NJ: equally priced homes
Cities with Similar Populations
- Ocean Isle Beach, NC: higher priced homes
- Old Greenwich, CT: higher priced homes
- Old Fort, NC: less expensive homes
- Old Fig Garden, CA: higher priced homes
- Old Bethpage, NY: higher priced homes
- Olathe, CO: higher priced homes
- Oelwein, IA: less expensive homes
- Oconto, WI: less expensive homes
- Ocklawaha, FL: less expensive homes
- Oceano, CA: higher priced homes
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