Close to major cities e.g. New York City and Philadelphia, coastal attractions like the Jersey Shore, to scenic areas like the Pine Barrens and Delaware Water Gap, there are plenty of reasons to consider moving to New Jersey. If New Jersey sounds like the right state for you, chances are you have a budget when it comes to renting or buying a home. For example, New Jersey Median Home Sales It was $533,700 as of July.
Don’t worry if the price doesn’t fit your budget. Redfin has compiled a list of the 8 most affordable places to live in New Jersey. Their median home sales are lower than the state average. Read on to learn which cities in New Jersey you might want to consider moving to.
#1: Camden
Median house price: $135,000
Average sales price per square foot: $139
Average rent for a one-bedroom apartment: $925
Median household income: $28,623
Nearest major subway: Philadelphia, PA (5 miles)
Camden, NJ Homes for Sale
Camden, NJ Apartments for Rent
With a median home sale price of $135,000, Camden is the most affordable place to live in New Jersey. Camden is approximately 5 miles from the nearest major metropolitan area, Philadelphia, Pennsylvania, and is home to approximately 71,800 people. While staying in Camden, you can visit Wiggins Waterfront Park, which has a riverside promenade, amphitheater, and nearby Adventure Aquarium,Discover USS New Jersey museum, and explore the downtown area with museums, shops, and restaurants.
#2: Trenton
Median house price: $225,000
Average sales price per square foot: $153
Median household income: $37,002
Nearest major subway: Philadelphia, PA (30 miles)
Trenton, NJ Homes for Sale
Apartments for Rent in Trenton, NJ
Second on the list of affordable cities to live in New Jersey is Trenton. While you’re living in this city of 90,900 people, you can stop by the New Jersey State Senate, where you’ll also find the New Jersey State Museum and Old Barracks Museum. Be sure to explore the trails of Cadwalader Park and catch a show at one of the concert halls or venues.
#3: Vineyard
Median house price: $297,500
Average sales price per square foot: $183
Average rent for a one-bedroom apartment: $1,075
Median household income: $55,740
Nearest major subway: Philadelphia, PA (40 miles)
Vineland, NJ Homes for Sale
Apartments for Rent in Vineland, NJ
Vineland is home to approximately 60,800 people and is located approximately 40 miles south of Philadelphia. The median home sale price is $297,500, which is about $235,000 lower than the New Jersey median home sale price. If you move here, explore downtown or visit one of the town’s parks.
#4: Toms River
Median house price: $475,000
Average sales price per square foot: $272
Average rent for a one-bedroom apartment: $1,899
Median household income: $80,145
Nearest major subway: New York City, NY (30 miles)
Toms River, NJ Homes for Sale
Apartments for Rent in Toms River, NJ
Toms River is a well-known city where you’ll find home prices about $60,000 less than the state average. About 95,400 people called toms river Home is a good place to consider buying a house this year. Be sure to take a boat trip along the Toms River, explore Cattus Island County Park’s vast trails that lead to the water, or spend a beach day along the coast. No matter which neighborhood in Toms River you move to, you’ll never get tired of exploring the city.
#5: East Orange
Median house price: $480,000
Average sales price per square foot: $253
Average rent for a one-bedroom apartment: $1,709
Median household income: $50,990 USD
Nearest major subway: Newark (3 miles)
East Orange, NJ Homes for Sale
Apartments for Rent in East Orange, NJ
Number five on our list of affordable places to live in New Jersey is East Orange. With a population of approximately 69,600 people, East Orange is a very livable area, but is nowhere near the size of New Jersey’s major metropolitan areas. If you move to the city, be sure to explore Mount Owen Orange Park or one of the other parks in town.
#6: Plainfield
Median house price: $487,500
Average sales price per square foot: $188
Average rent for a one-bedroom apartment: $1,900
Median household income: $58,400
Nearest major subway: Newark (18 miles)
Plainfield, NJ Homes for Sale
Apartments for Rent in Plainfield, NJ
Another great place in New Jersey to consider relocating to is Plainfield, which has a population of approximately 54,600 people. Fun things to do in Plainfield include exploring parks like Cedar Brook Park and Green Brook Park, visiting some of the historic homes throughout Plainfield, and touring the charming downtown district.
#7: Perth Amboy
Median house price: $491,000
Average sales price per square foot: $316
Average rent for a one-bedroom apartment: $1,700
Median household income: $54,188
Nearest major subway: Newark (22 miles)
Homes for Sale in Perth Amboy, NJ
Apartments for Rent in Perth Amboy, NJ
If you’ve lived in New Jersey for a while, you likely know our seventh city, Perth Amboy. This affordable area is home to approximately 55,400 residents. After moving to Perth Amboy, be sure to visit the High Street Municipal Fishing Pier, tour the historic proprietary home dating to 1764, and check out the shops and restaurants on and around Smith Street.
#8: New Brunswick
Median house price: $527,000
Average sales price per square foot: $365
Average rent for a one-bedroom apartment: $2,360
Median household income: $37,002
Nearest major subway: Newark (28 miles)
New Brunswick, NJ Homes for Sale
New Brunswick, NJ Apartments for Rent
New Brunswick ranks last on the list of affordable places to live in New Jersey. With a city of 55,300 residents, you don’t need to live in a metropolitan area to enjoy the conveniences of city life when you move to this affordable city. While living in New Brunswick, you can visit Boyd Park along the Raritan River, visit a theater or comedy club for a show, or explore the shops and restaurants downtown.
method: According to the U.S. Census, all cities must have more than 50,000 residents and have a median home sales price below New Jersey’s average median home sales price. Median home sales and median sales price per square foot Red Fin Information Center Average rent data for the period July 2024 rental network August 2023. U.S. Census Bureau.
