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These days, finding an affordable place to live in the Kinnelon area can be challenging. Home prices in Kinnelon are now at a median cost of $715,496, higher than the New Jersey average of $496,577.
The average cost of rent is $2,604/mo in Kinnelon, primarily driven by the current value of real estate in the Kinnelon area. In Kinnelon, 7.19% of households rent, and 35.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kinnelon is $16,013 per month. Households that rent pay about 16.26% of their income on rent here. Kinnelon’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Butler, NJ: less expensive homes
- Bloomingdale, NJ: less expensive homes
- Riverdale, NJ: less expensive homes
- Marcella, NJ: less expensive homes
- Green Pond, NJ: less expensive homes
- Pompton Plains, NJ: less expensive homes
- Echo Lake, NJ: less expensive homes
- Pompton Lakes, NJ: less expensive homes
- Towaco, NJ: equally priced homes
- Pequannock, NJ: less expensive homes
Cities with Similar Populations
- Bridgeton, MO: less expensive homes
- Sparta, NJ: less expensive homes
- Southborough, MA: higher priced homes
- South Yarmouth, MA: less expensive homes
- South Huntington, NY: equally priced homes
- South Easton, MA: less expensive homes
- South Beloit, IL: less expensive homes
- Carrollton, VA: less expensive homes
- Caro, MI: less expensive homes
- Cape St. Claire, MD: less expensive homes
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