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These days, finding an affordable place to live in the Allendale area can be challenging. Home prices in Allendale are now at a median cost of $784,348, higher than the New Jersey average of $496,577.
The average cost of rent is $2,993/mo in Allendale, primarily driven by the current value of real estate in the Allendale area. In Allendale, 18.80% of households rent, and 34.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Allendale is $15,271 per month. Households that rent pay about 19.60% of their income on rent here. Allendale’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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