
Home Price Key
These days, finding an affordable place to live in the Englewood Cliffs area can be challenging. Home prices in Englewood Cliffs are now at a median cost of $1,183,059, higher than the New Jersey average of $388,929.
The average cost of rent is $3,327/mo in Englewood Cliffs, primarily driven by the current value of real estate in the Englewood Cliffs area. While nearly 52.67% of residents own their homes outright in Englewood Cliffs, 18.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Englewood Cliffs is $16,724 per month. Households that rent pay about 19.89% of their income on rent here. Englewood Cliffs's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
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