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These days, finding an affordable place to live in the Glen Ridge area can be challenging. Home prices in Glen Ridge are now at a median cost of $817,305, higher than the New Jersey average of $496,577.
The average cost of rent is $2,479/mo in Glen Ridge, primarily driven by the current value of real estate in the Glen Ridge area. In Glen Ridge, 12.01% of households rent, and 18.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Glen Ridge is $18,373 per month. Households that rent pay about 13.49% of their income on rent here. Glen Ridge’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bloomfield, NJ: less expensive homes
- Montclair, NJ: equally priced homes
- Silver Lake, NJ: less expensive homes
- Belleville, NJ: less expensive homes
- Brookdale, NJ: less expensive homes
- Nutley, NJ: less expensive homes
- East Orange, NJ: less expensive homes
- Upper Montclair, NJ: higher priced homes
- Orange, NJ: less expensive homes
- Verona, NJ: less expensive homes
Cities with Similar Populations
- Idabel, OK: less expensive homes
- Slingerlands, NY: less expensive homes
- Slinger, WI: less expensive homes
- Slaton, TX: less expensive homes
- Skowhegan, ME: less expensive homes
- Skillman, NJ: higher priced homes
- Skidaway Island, GA: equally priced homes
- Sitka, AK: less expensive homes
- Sisters, OR: equally priced homes
- Sioux Center, IA: less expensive homes
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