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These days, finding an affordable place to live in the Strathmore area can be challenging. Home prices in Strathmore are now at a median cost of $538,321, higher than the New Jersey average of $496,577.
The average cost of rent is $1,763/mo in Strathmore, primarily driven by the current value of real estate in the Strathmore area. In Strathmore, 12.24% of households rent, and 37.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Strathmore is $12,528 per month. Households that rent pay about 14.07% of their income on rent here. Strathmore’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Matawan, NJ: less expensive homes
- Keyport, NJ: less expensive homes
- Cliffwood, NJ: less expensive homes
- Hazlet, NJ: equally priced homes
- Holmdel, NJ: higher priced homes
- Morganville, NJ: higher priced homes
- Laurence Harbor, NJ: less expensive homes
- Union Beach, NJ: less expensive homes
- Madison Park, NJ: less expensive homes
- Keansburg, NJ: less expensive homes
Cities with Similar Populations
- Oakland, MI: equally priced homes
- Orlovista, FL: less expensive homes
- Orchard Mesa, CO: less expensive homes
- Old Lyme, CT: equally priced homes
- Old Forge, PA: less expensive homes
- Odessa, MO: less expensive homes
- Ocean View, DE: equally priced homes
- Ocean Shores, WA: less expensive homes
- Ocean City, MD: less expensive homes
- Oakmont, PA: less expensive homes
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