Top 10 Cities Where Single Homeownership Rates Are At an All-Time High

Newark, NJ

Newark is the most populous city in the U.S. state of New Jersey, where the average house price is around $309,900. Due to being densely populated, Newark has the most renters in the country. Nevertheless, the single homeownership rate went up by 5.15% from 2015 to 2019, going from 15.23% to 20.39% in only for years.

The median housing cost for a person living alone with a mortgage is $2,184 per month, according to the New Jersey Association of Realtors.

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