The Most Affordable Neighborhoods in Leonia, NJ by Home Value

 

Leonia, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Leonia area can be challenging. Home prices in Leonia are now at a median cost of $478,724, higher than the New Jersey average of $388,929.

The average cost of rent is $1,673/mo in Leonia, primarily driven by the current value of real estate in the Leonia area. While nearly 37.04% of residents own their homes outright in Leonia, 40.85% rent.

Housing affordability isn’t just about home prices, though. The average household income in Leonia is $10,442 per month. Households that rent pay about 16.02% of their income on rent here. Leonia's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.


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