The Most Affordable Neighborhoods in The Gardens, Ocean City, NJ by Home Value

 

The Gardens, Ocean City, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the The Gardens area can be challenging. Home prices in The Gardens are now at a median cost of $686,105, higher than the Ocean City average of $607,454.

The average cost of rent is $1,308/mo in The Gardens, primarily driven by the current value of real estate in the The Gardens area. While nearly 49.75% of residents own their homes outright in The Gardens, 19.86% rent.

Housing affordability isn’t just about home prices, though. The average household income in The Gardens is $8,297 per month. Households that rent pay about 15.76% of their income on rent here. The Gardens's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the neighborhood.


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