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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 $776,213, higher than the New Jersey average of $496,577.
The average cost of rent is $2,243/mo in Berkeley Heights, primarily driven by the current value of real estate in the Berkeley Heights area. In Berkeley Heights, 8.90% of households rent, and 36.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Berkeley Heights is $16,201 per month. Households that rent pay about 13.84% of their income on rent here. Berkeley Heights’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gillette, NJ: less expensive homes
- New Providence, NJ: equally priced homes
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- Green Village, NJ: higher priced homes
- North Plainfield, NJ: less expensive homes
- Mountainside, NJ: higher priced homes
- Scotch Plains, NJ: equally priced homes
- Chatham, NJ: higher priced homes
Cities with Similar Populations
- Walton, KY: less expensive homes
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- Del Mar, CA: higher priced homes
- Delta, CO: less expensive homes
- Washington, NJ: less expensive homes
- Warrior, AL: less expensive homes
- Warrenton, MO: less expensive homes
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