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Affordable
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These days, finding an affordable place to live in the Denville area can be challenging. Home prices in Denville are now at a median cost of $577,363, higher than the New Jersey average of $496,577.
The average cost of rent is $1,947/mo in Denville, primarily driven by the current value of real estate in the Denville area. In Denville, 13.81% of households rent, and 34.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Denville is $12,571 per month. Households that rent pay about 15.49% of their income on rent here. Denville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mount Tabor, NJ: less expensive homes
- Rockaway, NJ: less expensive homes
- Mountain Lakes, NJ: higher priced homes
- Morris Plains, NJ: equally priced homes
- Victory Gardens, NJ: less expensive homes
- Dover, NJ: less expensive homes
- Hibernia, NJ: less expensive homes
- Boonton, NJ: equally priced homes
- Parsippany, NJ: equally priced homes
- Lake Telemark, NJ: less expensive homes
Cities with Similar Populations
- Telford, PA: less expensive homes
- East Highland Park, VA: less expensive homes
- East Longmeadow, MA: less expensive homes
- Easthampton, MA: less expensive homes
- Eatonton, GA: less expensive homes
- Edgewater, NJ: higher priced homes
- El Dorado, KS: less expensive homes
- Upper Marlboro, MD: less expensive homes
- Uniontown, OH: less expensive homes
- Tuckerton, NJ: less expensive homes
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