Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Weequahic area can be challenging. Home prices in Weequahic are now at a median cost of $261,069, lower than the Newark average of $291,901.
The average cost of rent is $1,262/mo in Weequahic, primarily driven by the current value of real estate in the Weequahic area. While nearly 37.36% of residents own their homes outright in Weequahic, 68.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Weequahic is $3,850 per month. Households that rent pay about 32.78% of their income on rent here. Weequahic's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the neighborhood.
Nearby Neighborhoods
- Upper Clinton Hill, Newark, NJ: less expensive homes
- Lower Clinton Hill, Newark, NJ: equally priced homes
- South Broad Street, Newark, NJ: higher priced homes
- Springfield-Belmont, Newark, NJ: less expensive homes
- South Ironbound, Newark, NJ: higher priced homes
- Upper Vailsburg, Newark, NJ: less expensive homes
- Lower Vailsburg, Newark, NJ: equally priced homes
- Fairmuont, Newark, NJ: equally priced homes
- University Heights, Newark, NJ: less expensive homes
- Central Business District, Newark, NJ: higher priced homes
Neighborhoods with Similar Populations
- Boerum Hill, Brooklyn, NY: higher priced homes
- Clifton, Staten Island, NY: higher priced homes
- College Area, San Diego, CA: higher priced homes
- Cooper Mountain-Aloha North, Aloha, OR: higher priced homes
- Eastchester, Bronx, NY: less expensive homes
- Flint Village, Fall River, MA: equally priced homes
- Fishtown, Philadelphia, PA: higher priced homes
- North Central, Pasadena, CA: higher priced homes
- Metro West, Orlando, FL: less expensive homes
- Northwest Austin, Austin, TX: higher priced homes
All Local Stats
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