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Affordable
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These days, finding an affordable place to live in the Little Ferry area can be challenging. Home prices in Little Ferry are now at a median cost of $478,238, lower than the New Jersey average of $496,577.
The average cost of rent is $2,118/mo in Little Ferry, primarily driven by the current value of real estate in the Little Ferry area. In Little Ferry, 54.05% of households rent, and 47.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Little Ferry is $8,846 per month. Households that rent pay about 23.94% of their income on rent here. Little Ferry’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Hackensack, NJ: higher priced homes
- Ridgefield Park, NJ: higher priced homes
- Moonachie, NJ: less expensive homes
- Teterboro, NJ: equally priced homes
- Bogota, NJ: equally priced homes
- Hasbrouck Heights, NJ: higher priced homes
- Palisades Park, NJ: higher priced homes
- Ridgefield, NJ: higher priced homes
- Wood-Ridge, NJ: higher priced homes
- Hackensack, NJ: less expensive homes
Cities with Similar Populations
- Hawthorn Woods, IL: higher priced homes
- Spruce Pine, NC: less expensive homes
- Springville, AL: less expensive homes
- Springfield, GA: less expensive homes
- Springfield, FL: less expensive homes
- Sparta, NJ: higher priced homes
- Southwest Ranches, FL: higher priced homes
- Southside, AL: less expensive homes
- Southborough, MA: higher priced homes
- Southampton, NY: higher priced homes
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