Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Colonial Village area can be challenging. Home prices in Colonial Village are now at a median cost of $560,833, lower than the Teaneck average of $578,318.
The average cost of rent is $1,755/mo in Colonial Village, primarily driven by the current value of real estate in the Colonial Village area. In Colonial Village, 5.51% of households rent, and 32.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colonial Village is $12,513 per month. Households that rent pay about 14.03% of their income on rent here. Colonial Village’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Queen Anne Park, Teaneck, NJ: equally priced homes
- West Englewood, Teaneck, NJ: less expensive homes
- Surrey Lane, Bergenfield, NJ: equally priced homes
- Linwood, Fort Lee, NJ: less expensive homes
- Pleasant Acres, New Milford, NJ: higher priced homes
- Coytesville, Fort Lee, NJ: higher priced homes
- Koreatown, Palisades Park, NJ: higher priced homes
- Washington Heights, Manhattan, NY: higher priced homes
- Inwood, Manhattan, NY: equally priced homes
- Spuyten Duyvil, Bronx, NY: less expensive homes
Neighborhoods with Similar Populations
- Downtown Rockford, Rockford, IL: less expensive homes
- Murphy Creek, Aurora, CO: equally priced homes
- Garden District, Sandusky, OH: less expensive homes
- Washington, Fargo, ND: less expensive homes
- Fairway Estates, Fort Collins, CO: less expensive homes
- Granville Historic District, Granville, OH: less expensive homes
- Niles Junction, Fremont, CA: higher priced homes
- Nasons Corner, Portland, ME: less expensive homes
- Cannon Heights, Dalton, GA: less expensive homes
- Winnona Park, Decatur, GA: higher priced homes
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