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These days, finding an affordable place to live in the Mahwah area can be challenging. Home prices in Mahwah are now at a median cost of $686,738, higher than the New Jersey average of $496,577.
The average cost of rent is $2,171/mo in Mahwah, primarily driven by the current value of real estate in the Mahwah area. In Mahwah, 19.11% of households rent, and 37.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mahwah is $12,368 per month. Households that rent pay about 17.55% of their income on rent here. Mahwah’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ramsey, NJ: equally priced homes
- Suffern, NY: less expensive homes
- Upper Saddle River, NJ: higher priced homes
- Hillburn, NY: less expensive homes
- Allendale, NJ: higher priced homes
- Airmont, NY: equally priced homes
- Montebello, NY: higher priced homes
- Saddle River, NJ: higher priced homes
- Sterlington, NY: equally priced homes
- Waldwick, NJ: less expensive homes
Cities with Similar Populations
- Selden, NY: less expensive homes
- Glassboro, NJ: less expensive homes
- Groveland, FL: less expensive homes
- Harleysville, PA: less expensive homes
- Hastings, NE: less expensive homes
- Helena, AL: less expensive homes
- Roselle, IL: less expensive homes
- Saline, MI: less expensive homes
- Scotch Plains, NJ: equally priced homes
- Gardner, KS: less expensive homes
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