Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Berkeley Heights area can be challenging. Home prices in Berkeley Heights are now at a median cost of $657,067, higher than the New Jersey average of $388,929.
The average cost of rent is $2,619/mo in Berkeley Heights, primarily driven by the current value of real estate in the Berkeley Heights area. While nearly 35.71% of residents own their homes outright in Berkeley Heights, 8.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Berkeley Heights is $13,922 per month. Households that rent pay about 18.81% of their income on rent here. Berkeley Heights's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Warrior, AL: less expensive homes
- Warrenton, MO: less expensive homes
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