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These days, finding an affordable place to live in the Butler area can be challenging. Home prices in Butler are now at a median cost of $439,030, lower than the New Jersey average of $496,577.
The average cost of rent is $1,652/mo in Butler, primarily driven by the current value of real estate in the Butler area. In Butler, 31.15% of households rent, and 25.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Butler is $8,934 per month. Households that rent pay about 18.50% of their income on rent here. Butler’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bloomingdale, NJ: equally priced homes
- Riverdale, NJ: equally priced homes
- Kinnelon, NJ: higher priced homes
- Pompton Lakes, NJ: equally priced homes
- Pompton Plains, NJ: higher priced homes
- Wanaque, NJ: equally priced homes
- Echo Lake, NJ: less expensive homes
- Pequannock, NJ: higher priced homes
- Towaco, NJ: higher priced homes
- Green Pond, NJ: higher priced homes
Cities with Similar Populations
- Garnet, CA: less expensive homes
- Salem, AL: less expensive homes
- Salamanca, NY: less expensive homes
- Raton, NM: less expensive homes
- Idabel, OK: less expensive homes
- Hohenwald, TN: less expensive homes
- Hillview, KY: less expensive homes
- Greenville, RI: equally priced homes
- Grayling, MI: less expensive homes
- Granby, CT: less expensive homes
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