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City · 9,735 residents · Cape May County, New Jersey

Villas , New Jersey

In Villas, a typical home is worth $301,600 and typical rent is $1,719 a month. Compared with all of Cape May County, the typical home value is 31% lower, typical rent is 26% higher, and the share of households that own their home is 10 points higher.

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  • Typical home value

    $301,600

    31% below the county

    34% below New Jersey

    • Villas
    • Cape May
    • New Jersey

  • Typical rent

    $1,719a month

    26% above the county

    About the same as New Jersey

    • Villas
    • Cape May
    • New Jersey

  • Typical household income

    $80,974a year

    11% below the county

    22% below New Jersey

    • Villas
    • Cape May
    • New Jersey

  • Households that own their home

    91%

    10 points above the county

    27 points above New Jersey

    • Villas
    • Cape May
    • New Jersey

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$412,443
5.2% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Villas is in Cape May County. The FHA loan limit ($730,250 for a one-unit home), the fair market rents and the help on this page are those of all of Cape May County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Villas apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Wildwood, the typical rent is $997: 42% less than in Villas ($1,719).

  2. Nearby, in Millville, the typical home value is $219,000: 27% less than in Villas ($301,600).

  3. The typical home in Villas is worth $301,600, 31% less than in Cape May County as a whole ($434,600).

  4. The typical rent in Villas is $1,719 a month, 26% more than in Cape May County as a whole ($1,360).

  5. 91% of households in Villas own their home, against 80% in Cape May County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Villas

What homes there are in Villas, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Villas, 9 in 10 homes are single-family detached houses; in Cape May County, 5.

Year built

Homes in Villas are older: the typical year built is 1968; in Cape May County, 1981.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,672 a month

Cape May County: $2,232 a month

Without a mortgage

$729 a month

Cape May County: $925 a month

Owners with a mortgage

61%

Cape May County: 59%

The typical cost for an owner with a mortgage in Villas is $1,672 a month, less than in Cape May County ($2,232); without one, $729.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, homes in Villas gained value faster than in Cape May County: 57% against 45%.

Since 2015–2019, the typical rent in Villas rose 46%, more than in Cape May County (16%).

To compare: typical income in Villas rose 47%; the home, +57%; the rent, +46%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureVillasCape May CountyNew JerseyUnited States
Rental vacancy Unreliable estimate26.1%3.5%5.5%
Homeowner vacancy Unreliable estimate1.6%0.7%0.9%
More than one person per room Unreliable estimate1.7%4.0%3.4%
People per household 2.092.082.622.53
Drive alone 86%73%62%69%
Carpool Unreliable estimate8%8%9%
Public transit Unreliable estimate1%8%3%
Walk or bike Unreliable estimate4%3%3%
Work from home 6%12%17%15%
Other means Unreliable estimate2%2%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

By size, households in Villas look like those in Cape May County: 2.09 people on average.

In Villas, 86% of workers drive alone to work; in Cape May County, 73%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Villas?

A typical home costs more than the typical income allows

We start with a typical home in Villas, worth $301,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Villas, which is $80,974 a year. For that payment to be 28% of income, a household would need to earn about $109,575 a year.

The calculator's FHA and conventional loan limits are those of all of Cape May County.

Your numbers

Local data
$

Starts at the typical home value in Villas. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,556 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,557

at 7.18% · 30 years

Loan amount
$296,137
Total interest
$426,072
Paid off in
November 2056

Includes $5,093 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,889 a month

  • Tight

    $1,889 to $2,429 a month

  • Hard

    more than $2,429 a month

    Your payment · 38%

Compared with the typical household income in Villas ($80,974 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,557
Principal & interest$2,006
Property tax$292
Home insurance$126
FHA mortgage insurance (MIP)$133

You need at least $10,556 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Villas and Cape May County

Villas is in Cape May County, New Jersey. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Villas's own numbers

Typical home value
$301,600
Typical monthly rent
$1,719
Typical yearly household income
$80,974
Households that own their home
91%
Effective property tax rate
1.16%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Cape May County

FHA limit, one-unit home
$730,250
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,857
Price change over 5 years (FHFA)
+79%
Homes in a high flood-risk zone
50%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Cape May County.

Everything about Cape May County

Buying

Buying a home in Villas

A typical home in Villas is worth $301,600: 31% below the county and 34% below New Jersey. With the typical household income in Villas ($80,974 a year), a typical home costs 3.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Villas 3.7 years
  • Cape May 4.8 years
  • New Jersey 4.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Cape May County

According to FHFA’s house price index, home prices in Cape May County rose 118% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Cape May County.

Period County New Jersey U.S.
Last year (2025) +3.9% +6.2% +2.9%
5 years (2020–2025) +79% +63% +47%
10 years (2015–2025) +118% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Villas next to Cape May County, New Jersey and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Villas $301,600
  • Cape May $434,600
  • New Jersey $454,400
  • United States $332,700
Typical monthly rent
  • Villas $1,719
  • Cape May $1,360
  • New Jersey $1,720
  • United States $1,413
Typical yearly household income
  • Villas $80,974
  • Cape May $91,128
  • New Jersey $103,556
  • United States $80,734
See the full table
Villas next to Cape May County and New Jersey
Measure Villas Cape May County New Jersey U.S.
Typical home value $301,600 $434,600 $454,400 $332,700
Typical monthly rent $1,719 $1,360 $1,720 $1,413
Typical yearly household income $80,974 $91,128 $103,556 $80,734
Households that own their home 91% 80% 64% 65%
Typical yearly property tax $3,495 $5,306 $9,590 $3,119
Effective property tax rate 1.16% 1.22% 2.11% 0.94%
Renters with high rent for their income 59% 55% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cape May County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Villas

For a typical $301,600 home in Villas, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Villas's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,557a month

    Least cash to close
    Down payment
    $10,556
    Cash to close
    $19,604
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $133

  • Conventional, 5% down $2,501a month

    Down payment
    $15,080
    Cash to close
    $24,128
    Rate
    7.18%
    Mortgage insurance
    PMI · $143

  • Conventional, 20% down, no PMI $2,052a month

    Down payment
    $60,320
    Cash to close
    $69,368
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,331a month

    Down payment
    $45,240
    Cash to close
    $54,288
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Villas and for Cape May County.

Property tax

Effective rate in Villas

1.16%of the home’s value each year

$3,495 a year for the typical owner in Villas.

  • Villas 1.16%
  • Cape May 1.22%
  • New Jersey 2.11%

What New Jersey publishes ANCHOR, Senior Freeze and Stay NJ: one combined application (New Jersey Division of Taxation)

Exemptions and deadlines in New Jersey

Flood risk in Cape May County

FEMA does not publish these numbers by city: they are for all of Cape May County.

Homes in the high-risk zone
50%
32,391
Of those, with NFIP insurance
74%
County New Jersey U.S.
Homes in the high-risk zone 50% 6.7% 3.5%
Of those, with NFIP insurance 74% 63% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Villas

Typical rent in Villas is $1,719 a month: 26% above the county. In Villas, 59% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Cape May County, by unit size. To pay the 2-bedroom one ($1,857 a month) without spending more than 30% of your income, you would need to earn $35.71 an hour working full time.

HUD fair market rent for all of Cape May County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,512 $29.08 $60,480
1 bedroom $1,521 $29.25 $60,840
2 bedrooms $1,857 $35.71 $74,280
3 bedrooms $2,431 $46.75 $97,240
4 bedrooms $2,441 $46.94 $97,640

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Villas

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Villas is in ZIP code 08251.

For 2 bedrooms it is $2,050: $193 more than the fair market rent for Cape May County ($1,857).

  • 08251 $2,050$2,680

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Villas when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Villas

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Cape May County. The nearest ones are below; many serve by phone or online.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Villas

No down payment, repair or rent-help program on our list is for Villas or Cape May County. The ones below are statewide in New Jersey: they work in Villas the same as in the rest of the state.

Which programs do I qualify for? All programs in New Jersey

Housing counselors near Villas

The HUD-approved agencies closest to the center of Villas, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Navicore Solutions- Hammonton, NJ

    212 Bellevue Ave, Hammonton · 43 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 9 more
    (866) 472-4557

  • Financial Wellness Institute Inc

    3 S Broad St, Woodbury · 58 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 6 more
    (856) 251-0311

  • CCCS of Delaware Valley, Inc. DBA Clarifi

    1060 Kings Highway North, Cherry Hill · 63 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more
    (800) 989-2227

All counseling agencies in New Jersey

Help in Spanish near Villas

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Villas

In HUD’s record, no housing authority with an office in Cape May County is named for Villas or Cape May County.

3 other authorities have an office in Cape May County: see the list Source: HUD

Cities

Other cities in Cape May County

These cities are also in Cape May County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Cape May County Housing in New Jersey

Nearby cities

The cities closest to Villas, with the typical home value.

Neighboring counties

If Cape May County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Villas.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Villas

Short answers with the numbers for Villas and all of Cape May County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Villas?

The typical home value in Villas is $301,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cape May County it is $434,600.

How much does it cost to rent in Villas?

Typical rent in Villas is $1,719 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cape May County is $1,857.

What is the FHA loan limit in Villas?

Villas uses the FHA limit for all of Cape May County (2026): $730,250 for a one-unit home and $1,404,350 for a four-unit home.

How much property tax do owners pay in Villas?

The typical homeowner in Villas pays $3,495 a year, according to the U.S. Census Bureau. That is 1.16% of the home’s value; in Cape May County, the rate is 1.22%.

Where can I find free help to buy or rent in Villas?

We found no HUD-approved counseling agencies with an office in Cape May County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).