The Most Affordable Neighborhoods in Waretown, NJ by Home Value

 

Waretown, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Waretown area can be challenging. Home prices in Waretown are now at a median cost of $315,485, lower than the New Jersey average of $388,929.

The average cost of rent is $1,709/mo in Waretown, primarily driven by the current value of real estate in the Waretown area. While nearly 32.55% of residents own their homes outright in Waretown, 8.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Waretown is $7,967 per month. Households that rent pay about 21.45% of their income on rent here. Waretown's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.


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