housing costs · New Jersey
Housing costs in Cape May County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,360 | ± $96 | evidence → |
| 2019–2023 | $1,345 | ± $95 | evidence → |
| 2018–2022 | $1,285 | ± $61 | evidence → |
| 2017–2021 | $1,197 | ± $53 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $434,600 | ± $9,304 | evidence → |
| 2019–2023 | $395,000 | ± $8,798 | evidence → |
| 2018–2022 | $372,300 | ± $8,609 | evidence → |
| 2017–2021 | $318,600 | ± $8,412 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 32.9 % | ± 2.6 % | evidence → |
| 2019–2023 | 33.4 % | ± 3.2 % | evidence → |
| 2018–2022 | 35.5 % | ± 3.1 % | evidence → |
| 2017–2021 | 36.6 % | ± 3.3 % | evidence → |
In context
Median rent in Cape May County is $1,360, below the New Jersey median of $1,623 across 21 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.