Much like the surrounding areas, it's a little more expensive compared to the entire country. However compared to the city of New York, it is substantially less expensive.
Home prices
The median home in Port Monmouth costs $284,400. Compared to its surrounding areas it is about $6,540 (2%) higher.In comparison to the nation as a whole it is about $66,900 (30%) higher, and it is roughly $321,600 (53%) lower in comparison to the city of New York.
Rents
In Port Monmouth the median rent is $958 per month. This is roughly $563 (37%) lower in comparison to the surrounding areas.It is roughly $104 (9%) lower in comparison to the United States as a whole, and it is roughly $485 (33%) lower in comparison to the city of New York.
Nearby places
North Middletown
North Middletown is Port Monmouth's neighbor to the northwest. Real estate prices there are a little less expensive. The median home value in North Middletown is $235,800, which comes out to $48,600 (20%) lower than Port Monmouth. The rent there is substantially more expensive. The median rent in North Middletown is $1,662 a month, which is $704 (42%) higher than Port Monmouth.
Belford
Belford is Port Monmouth's neighbor to the southeast. Its real estate prices are somewhat more expensive. The median home in Belford is valued at $376,200, which comes out to $91,800 (24%) higher than Port Monmouth. Rents there are substantially more expensive. The median monthly rent in Belford is $1,920, which is $962 (50%) higher than Port Monmouth.
Keansburg
Keansburg is about 1 mile northwest from Port Monmouth. Its real estate prices are a lot less expensive. The median home in Keansburg costs $193,600, which is $90,800 (46%) lower than Port Monmouth. Rent there is a bit more expensive. In Keansburg the median monthly rent is $1,325, which comes out to $367 (27%) higher than Port Monmouth.
Leonardo
Leonardo is approximately 2 miles southeast of Port Monmouth. The housing prices there are somewhat more expensive. Leonardo's median home cost is $315,200, which works out to $30,800 (9%) higher than Port Monmouth. Rent there is pretty similar. The median rent in Leonardo is $1,000 a month, which works out to $42 (4%) higher than Port Monmouth.
Union Beach
Union Beach is about 3 miles west from Port Monmouth. Its real estate prices are a little less expensive. Union Beach's median home value is $268,500, which comes out to $15,900 (5%) lower than Port Monmouth. Rent there is significantly more expensive. In Union Beach the median rent is $1,698 per month, which comes out to $740 (43%) higher than Port Monmouth.
