Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bernards area can be challenging. Home prices in Bernards are now at a median cost of $317,089, lower than the New Jersey average of $388,929.
The average cost of rent is $2,546/mo in Bernards, primarily driven by the current value of real estate in the Bernards area. While nearly 38.86% of residents own their homes outright in Bernards, 39.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bernards is $11,552 per month. Households that rent pay about 22.04% of their income on rent here. Bernards's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Basking Ridge, NJ: higher priced homes
- Millington, NJ: higher priced homes
- Warren, NJ: higher priced homes
- Stirling, NJ: higher priced homes
- Martinsville, NJ: higher priced homes
- Gillette, NJ: higher priced homes
- Bernardsville, NJ: higher priced homes
- Madisonville, NJ: higher priced homes
- Bedminster, NJ: higher priced homes
- Green Knoll, NJ: higher priced homes
Cities with Similar Populations
- Almond, WI: less expensive homes
- Keota, OK: less expensive homes
- Newbern, AL: less expensive homes
- New Florence, MO: less expensive homes
- Mount Vernon, ME: less expensive homes
- Mount Croghan, SC: less expensive homes
- Miesville, MN: higher priced homes
- Merry Hill, NC: less expensive homes
- Mendon, OH: less expensive homes
- Meadows Of Dan, VA: less expensive homes
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