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These days, finding an affordable place to live in the Kearny area can be challenging. Home prices in Kearny are now at a median cost of $479,131, lower than the New Jersey average of $496,577.
The average cost of rent is $1,734/mo in Kearny, primarily driven by the current value of real estate in the Kearny area. In Kearny, 56.98% of households rent, and 48.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kearny is $6,940 per month. Households that rent pay about 24.98% of their income on rent here. Kearny’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Newark, NJ: equally priced homes
- Harrison, NJ: higher priced homes
- North Arlington, NJ: equally priced homes
- Belleville, NJ: less expensive homes
- Silver Lake, NJ: equally priced homes
- Newark, NJ: less expensive homes
- Bloomfield, NJ: less expensive homes
- Lyndhurst, NJ: equally priced homes
- East Orange, NJ: less expensive homes
- Nutley, NJ: higher priced homes
Cities with Similar Populations
- Thibodaux, LA: less expensive homes
- Elmont, NY: higher priced homes
- Fairburn, GA: less expensive homes
- Fairport, NY: less expensive homes
- Fitchburg, MA: less expensive homes
- Freehold, NJ: equally priced homes
- Gillette, WY: less expensive homes
- Hallandale Beach, FL: less expensive homes
- Atwater, CA: less expensive homes
- Levittown, NY: higher priced homes
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