Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Strathmere area can be challenging. Home prices in Strathmere are now at a median cost of $920,982, higher than the New Jersey average of $388,929.
The average cost of rent is $1,220/mo in Strathmere, primarily driven by the current value of real estate in the Strathmere area. While nearly 56.30% of residents own their homes outright in Strathmere, 0.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Strathmere is $9,795 per month. Households that rent pay about 12.46% of their income on rent here. Strathmere's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
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