
Home Price Key
These days, finding an affordable place to live in the Downtown Ridgewood area can be challenging. Home prices in Downtown Ridgewood are now at a median cost of $758,582, lower than the Ridgewood average of $790,015.
The average cost of rent is $2,057/mo in Downtown Ridgewood, primarily driven by the current value of real estate in the Downtown Ridgewood area. While nearly 33.18% of residents own their homes outright in Downtown Ridgewood, 46.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Ridgewood is $12,998 per month. Households that rent pay about 15.82% of their income on rent here. Downtown Ridgewood's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Ridgewood Junction, Glen Rock, NJ: less expensive homes
- Northwest Ridgewood, Ridgewood, NJ: higher priced homes
- Southeast Ridgewood, Ridgewood, NJ: equally priced homes
- Wortendyke, Midland Park, NJ: less expensive homes
- Radburn, Fair Lawn, NJ: less expensive homes
- Warren Point, Fair Lawn, NJ: less expensive homes
- Passaic Junction, Saddle Brook, NJ: less expensive homes
- Downtown Paterson, Paterson, NJ: less expensive homes
- Lake View, Paterson, NJ: less expensive homes
- Pleasant Acres, New Milford, NJ: less expensive homes
Neighborhoods with Similar Populations
- Robinvale, Metuchen, NJ: less expensive homes
- Exchange Place, Waterbury, CT: less expensive homes
- Orchard Hills, Irvine, CA: higher priced homes
- Manitocannon Hill, Spokane, WA: less expensive homes
- Westminster Historic District, Westminster, MD: less expensive homes
- Gresham-Northeast, Gresham, OR: less expensive homes
- Tower Triangle, Aurora, CO: less expensive homes
- Greek Track, Simi Valley, CA: less expensive homes
- Sandusky Street Historic District, Delaware, OH: less expensive homes
- John Ball Park, Grand Rapids, MI: less expensive homes
All Local Stats
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