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Affordable
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These days, finding an affordable place to live in the Victory Lakes area can be challenging. Home prices in Victory Lakes are now at a median cost of $232,668, lower than the New Jersey average of $496,577.
The average cost of rent is $1,453/mo in Victory Lakes, primarily driven by the current value of real estate in the Victory Lakes area. In Victory Lakes, 10.04% of households rent, and 51.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Victory Lakes is $6,643 per month. Households that rent pay about 21.87% of their income on rent here. Victory Lakes’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Collings Lakes, NJ: equally priced homes
- Franklinville, NJ: higher priced homes
- Williamstown, NJ: higher priced homes
- Newfield, NJ: higher priced homes
- Winslow, NJ: higher priced homes
- Folsom, NJ: higher priced homes
- Braddock, NJ: higher priced homes
- Landisville, NJ: higher priced homes
- Iona, NJ: higher priced homes
- Newtonville, NJ: equally priced homes
Cities with Similar Populations
- Pompeys Pillar, MT: higher priced homes
- McKinnon, FL: higher priced homes
- Meadow, UT: higher priced homes
- Meridale, NY: equally priced homes
- Middle Spring, PA: higher priced homes
- Milford, CA: less expensive homes
- Moorestown, MI: less expensive homes
- Mount Lebanon, TN: less expensive homes
- Mount Zion, KY: less expensive homes
- Moyers, OK: less expensive homes
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