The 10 Cheapest Cities to Live in New Jersey

by | May 1, 2022 | Home Buying

If you’re looking for a cheap place to live in New Jersey, you’re in luck. We’ve compiled a list of the 10 cheapest cities in the state.

Whether you’re on a tight budget or you’re just looking for a lower cost of living, these cities have something to offer you. Keep reading for more information on each city and what makes it so affordable!

Cherry Hill

Cherry Hill is a great place to live if you’re looking for affordable housing.

The average price of a home in Cherry Hill is $120,000, which is well below the state average of $300,000. And, if you’re looking for an apartment, you can find one for as little as $600 per month. That’s less than half the price of an average apartment in New Jersey.

Plus, Cherry Hill has all the amenities you need to live a comfortable life. There are grocery stores, restaurants, and even a movie theater.

If you’re looking for a place to raise a family, Cherry Hill has excellent schools.

Manchester Township

Manchester Township in New Jersey has a lot to offer, from top-notch schools to great restaurants and entertainment. And, of course, there’s the affordable housing market.

Manchester Township is home to a variety of housing options, from single-family homes to apartments and condos. In terms of prices, the median home value in Manchester Township is $334,000, while the median rent is $1,600.

That said, there are plenty of homes on the market for under $200,000, so you’re sure to find something that fits your budget. In terms of amenities, Manchester Township has everything you need.

If you’re looking for things to do, you’ll find plenty of options, from hiking and biking trails to golf courses and tennis courts. So whether you’re looking for a place to raise a family or just a place to call home, Manchester Township is definitely worth considering.

aerial view of Rutgers in New Brunswick NJ

New Brunswick

New Brunswick is a thriving community that is home to a variety of schools, neighborhoods, and amenities.

The city is known for its many excellent educational institutions, including top-rated colleges like Rutgers University and the New Brunswick Theological Seminary. Aside from education, New Brunswick also offers convenient access to shopping centers, parks, and other recreational areas.

In terms of housing prices, the city has seen significant growth over the years, with the median house and condo prices reaching well over $250,000. Despite these rising costs, there continues to be a steady demand for properties in New Brunswick due to its various attractions and close proximity to major urban centers like Newark and Manhattan.

Whether you are looking for a new place to call home or simply want to spend some time exploring what this dynamic city has to offer, New Brunswick should definitely be at the top of your list!

Tom’s River

According to, the median home value in Tom’s River is $269,900. The median list price per square foot is $157.

The median price of homes currently listed in Tom’s River is $289,900 while the median price of homes that sold is $265,900. The median rent price in Tom’s River is $1,850, which is lower than the Ocean City-Toms River Metro median of $2,200.

According to NeighborhoodScout’s analysis of FBI crime statistics, Tom’s River is safer than 83% of the cities in the US. With a crime rate of 18 per one thousand residents, Tom’s River has one of the lowest crime rates in America compared to all communities of all sizes – from the smallest towns to the very largest cities.

Not only does it have a year-round population that swells each summer with tourists and vacationers from New York and Philadelphia but it also boasts some of New Jersey’s finest shopping malls and outlet centers.

Tom’s River is located within an hour’s drive from New York City and Philadelphia and just a few minute’s drive from the Jersey shore beaches – making it a perfect location for those who want to enjoy all that New Jersey has to offer.

Hamilton Township

Hamilton Township is one of the fastest-growing and affordable areas in the country.

Between 2010 and 2016, the population of Hamilton Township grew by over 9%, fueled by a strong housing market that has seen steady growth over the last decade. One of the key factors driving this housing boom is the town’s low unemployment rate, which has remained well below national averages for many years now.

In addition to its thriving job market, Hamilton Township also boasts a high quality of life, with plenty of opportunities for education and recreation. Whether you’re looking for an exciting urban atmosphere or quiet suburban life, Hamilton Township is sure to have something to suit your needs.

So if you’re thinking about buying a home in this vibrant area, now is definitely the time to do it!


For anyone looking to buy or rent in Rahway, New Jersey, the housing market is thriving.

With affordable prices and plenty of inventory, this city has become a popular destination for homebuyers and real estate investors alike. And with an array of restaurants and entertainment options throughout the city, there is no shortage of things to do in Rahway.

Whether you’re in the mood for a burger at Royal Burger Pide or some fresh sushi at Kaniza Sushi Bar and Grill, you’ll find something to satisfy your cravings here. Add to that the numerous cultural festivals and outdoor concerts throughout the year, and it’s clear that Rahway is more than just a great place to call home – it’s also a fun place to live!

So if you’re looking for a vibrant community with plenty of amenities and opportunities, Rahway is undoubtedly the place for you.

Welcome to New Jersey road sign

Pompton Lakes

Looking for a place to call home in Pompton Lakes, New Jersey?

You’ve come to the right place! This charming town is located just a short drive from New York City, making it the perfect place to raise a family or start a business. The town’s housing market is booming, and there are plenty of local restaurants and entertainment options to keep you busy.

Here are some quick facts about Pompton Lakes:

  • The median home price in Pompton Lakes is $342,000.
  • The town has a population of approximately 11,000 people.
  • Local restaurants include Italian favorites like Marco Polo’s Ristorante and La Trattoria, as well as American classics like the Station House Grill.
  • For entertainment, you can catch a show at the Historic Palace Theatre or explore the shops and galleries downtown.

Whether you’re looking for a quiet place to retire or a vibrant community to raise a family, Pompton Lakes is sure to have what you’re looking for.


Located in the northwest corner of the state, Phillipsburg is a thriving community with plenty to offer. Here are just a few reasons why you should consider making the move:

First, the housing market in Phillipsburg is strong. Whether you’re looking for a starter home or a luxurious estate, you’re sure to find something that fits your needs. And with prices being fairly reasonable, now is a great time to buy!

Second, Phillipsburg is home to some excellent restaurants and entertainment options. From fine dining to casual cafes, there’s something for everyone. And if you’re looking for things to do, you’ll find plenty of options for shopping, arts and culture, and recreation.

Finally, Phillipsburg is an incredibly friendly and welcoming community. You’ll quickly feel right at home here!

Gloucester City

As anyone who has ever lived in or visited Gloucester City, NJ can tell you, this is a city with a vibrant and dynamic housing market.

With home prices that seem to be constantly on the rise, there are plenty of opportunities for buyers in all price ranges. Whether you’re looking for a starter home or a luxury property, there’s something for everyone here.

And it’s not just the housing market that makes Gloucester City so great. The city is also home to some amazing restaurants and entertainment venues, from casual dives to upscale bistros and sports bars.

Whether you feel like grabbing a burger and watching the game, indulging in fine French cuisine, or sipping cocktails on a rooftop lounge, Gloucester City has something for everyone.


Clayton, New Jersey is a thriving community that offers a wealth of housing options, along with access to some fantastic local restaurants and entertainment venues.

With its location in a growing metropolitan area, Clayton is quickly becoming one of the most desirable places to live in the region. Whether you’re looking for an urban loft or a cozy suburban bungalow, Clayton has something for everyone.

One of the main benefits of this up-and-coming city is its outstanding food scene. From cozy diners and ethnic eateries to gourmet bistros and trendy gastropubs, there are dozens of amazing restaurants to choose from in this neighborhood.

And with its vibrant cultural scene, it’s no wonder that people are flocking to Clayton! Whether you want to catch a live performance at the intimate theater or attend one of the city’s popular art festivals, you’ll always find plenty of exciting things to do here.

All in all, with its excellent affordable housing options and dynamic lifestyle, there’s no doubt that Clayton truly captures the essence of urban living at its finest.

Final Thoughts

These are just a few of the cheapest cities to live in New Jersey. If you’re looking for an affordable place to call home, be sure to check out one of these great communities! You won’t be disappointed.

Learn more about the New Jersey housing market by reading our other resources:

  1. Sell Your House Fast in NJ
  2. How to Sell a Hoarder House in NJ: Tips for Success
  3. How to Sell an Older Home in New Jersey: Tips from the Pros
Ronaldo Stewart
Ronaldo Stewart

Ronaldo Stewart is a seasoned real estate professional with three years of experience in helping people sell their homes and has established himself as a trusted and knowledgeable resource in the real estate community.

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