Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Garwood area can be challenging. Home prices in Garwood are now at a median cost of $433,271, higher than the New Jersey average of $388,929.
The average cost of rent is $1,550/mo in Garwood, primarily driven by the current value of real estate in the Garwood area. While nearly 42.57% of residents own their homes outright in Garwood, 39.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Garwood is $9,260 per month. Households that rent pay about 16.74% of their income on rent here. Garwood's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Cranford, NJ: higher priced homes
- Westfield, NJ: higher priced homes
- Clark, NJ: higher priced homes
- Kenilworth, NJ: less expensive homes
- Mountainside, NJ: higher priced homes
- Scotch Plains, NJ: higher priced homes
- Roselle Park, NJ: less expensive homes
- Roselle, NJ: less expensive homes
- Fanwood, NJ: higher priced homes
- Springfield, NJ: equally priced homes
Cities with Similar Populations
- Posen, IL: less expensive homes
- Cave City, KY: less expensive homes
- Salem, SC: equally priced homes
- Salmon, ID: less expensive homes
- Bajadero, PR: less expensive homes
- Cassville, MO: less expensive homes
- Pulaski, NY: less expensive homes
- Pryor Creek, OK: less expensive homes
- Blauvelt, NY: higher priced homes
- Pottsboro, TX: less expensive homes
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