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These days, finding an affordable place to live in the Victory Gardens area can be challenging. Home prices in Victory Gardens are now at a median cost of $254,037, lower than the New Jersey average of $496,577.
The average cost of rent is $1,518/mo in Victory Gardens, primarily driven by the current value of real estate in the Victory Gardens area. In Victory Gardens, 66.62% of households rent, and 24.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Victory Gardens is $5,304 per month. Households that rent pay about 28.63% of their income on rent here. Victory Gardens’s most expensive areas are in the northeastern 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.
Nearby Cities
- Dover, NJ: higher priced homes
- Randolph, NJ: higher priced homes
- Mine Hill, NJ: higher priced homes
- Wharton, NJ: higher priced homes
- Denville, NJ: higher priced homes
- Rockaway, NJ: higher priced homes
- Mount Tabor, NJ: higher priced homes
- Morris Plains, NJ: higher priced homes
- Kenvil, NJ: higher priced homes
- Hurdtown, NJ: higher priced homes
Cities with Similar Populations
- Zion, VA: higher priced homes
- Karns City, PA: less expensive homes
- Southmayd, TX: less expensive homes
- Solway, MN: less expensive homes
- James, GA: less expensive homes
- Akutan, AK: less expensive homes
- Valmeyer, IL: less expensive homes
- Van Buren, IN: less expensive homes
- Sebago, ME: higher priced homes
- Wanamingo, MN: higher priced homes
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