Home prices
The median home in Avenel costs $262,800. In comparison to the surrounding areas it is about $33,220 (11%) lower.Compared to the nation as a whole it is roughly $45,300 (20%) higher, and in comparison to the city of New York it is about $343,200 (56%) lower.
Rents
The median monthly rent in Avenel is $1,483. Compared to other places in this area it is is very similar.It is approximately $421 (39%) higher compared to the entire nation, and in comparison to the city of New York it is roughly $40 (2%) higher.
Nearby places
Port Reading
Port Reading is Avenel's neighbor to the southeast. The housing prices there are somewhat more expensive. Port Reading's median home value is $293,200, which is $30,400 (10%) higher than Avenel. Rent there is a bit less expensive. Port Reading's median rent is $1,365 a month, which comes out to $118 (8%) lower than Avenel.
Rahway
Rahway is Avenel's neighbor to the north. Housing prices there are similar. The median home in Rahway costs $272,700, which works out to $9,900 (3%) higher than Avenel. Rent there is a bit less expensive. In Rahway the median rent is $1,310 per month, which comes out to $173 (13%) lower than Avenel.
Carteret
Carteret is Avenel's neighbor to the east. Its housing prices are fairly similar. The median home in Carteret costs $272,200, which is $9,400 (3%) higher than Avenel. Rent there is similar. The median rent in Carteret is $1,492 a month, which is very similar to Avenel.
Woodbridge
Woodbridge is Avenel's neighbor to the south. Housing prices there are a bit more expensive. The median home value in Woodbridge is $278,100, which comes out to $15,300 (5%) higher than Avenel. Its rents are a bit more expensive. Woodbridge's median monthly rent is $1,676, which works out to $193 (11%) higher than Avenel.
Colonia
Colonia is Avenel's neighbor to the west. Its real estate prices are somewhat more expensive. The median home value in Colonia is $363,900, which comes out to $101,100 (27%) higher than Avenel. Rents there are a little more expensive. In Colonia the median monthly rent is $1,637, which works out to $154 (9%) higher than Avenel.
