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These days, finding an affordable place to live in the Metuchen area can be challenging. Home prices in Metuchen are now at a median cost of $542,368, higher than the New Jersey average of $496,577.
The average cost of rent is $2,175/mo in Metuchen, primarily driven by the current value of real estate in the Metuchen area. In Metuchen, 24.41% of households rent, and 34.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Metuchen is $12,585 per month. Households that rent pay about 17.28% of their income on rent here. Metuchen’s most expensive areas are in the northern 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
- Edison, NJ: equally priced homes
- Fords, NJ: less expensive homes
- Iselin, NJ: less expensive homes
- Keasbey, NJ: less expensive homes
- Woodbridge, NJ: less expensive homes
- Colonia, NJ: equally priced homes
- South Plainfield, NJ: less expensive homes
- Perth Amboy, NJ: less expensive homes
- Highland Park, NJ: equally priced homes
- Avenel, NJ: less expensive homes
Cities with Similar Populations
- Auburn, GA: less expensive homes
- Byron, GA: less expensive homes
- Sussex, WI: less expensive homes
- Beacon, NY: less expensive homes
- Sudbury, MA: higher priced homes
- Baker, LA: less expensive homes
- Streetsboro, OH: less expensive homes
- Avenel, NJ: less expensive homes
- Aurora, OH: less expensive homes
- Stoughton, WI: less expensive homes
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