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These days, finding an affordable place to live in the East Rutherford area can be challenging. Home prices in East Rutherford are now at a median cost of $466,960, lower than the New Jersey average of $496,577.
The average cost of rent is $2,058/mo in East Rutherford, primarily driven by the current value of real estate in the East Rutherford area. In East Rutherford, 64.59% of households rent, and 45.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Rutherford is $7,858 per month. Households that rent pay about 26.19% of their income on rent here. East Rutherford’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carlstadt, NJ: higher priced homes
- Rutherford, NJ: higher priced homes
- Wallington, NJ: higher priced homes
- Wood-Ridge, NJ: higher priced homes
- Passaic, NJ: less expensive homes
- Lyndhurst, NJ: higher priced homes
- Hasbrouck Heights, NJ: higher priced homes
- Moonachie, NJ: less expensive homes
- Teterboro, NJ: equally priced homes
- Garfield, NJ: equally priced homes
Cities with Similar Populations
- Grinnell, IA: less expensive homes
- Hawthorn Woods, IL: higher priced homes
- Havana, FL: less expensive homes
- Hastings-on-Hudson, NY: higher priced homes
- Harwood Heights, IL: less expensive homes
- Hartville, OH: less expensive homes
- Harpers Ferry, WV: less expensive homes
- Harahan, LA: less expensive homes
- Walkersville, MD: equally priced homes
- Hamilton, AL: less expensive homes
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