Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the New Providence area can be challenging. Home prices in New Providence are now at a median cost of $771,199, higher than the New Jersey average of $496,577.
The average cost of rent is $1,925/mo in New Providence, primarily driven by the current value of real estate in the New Providence area. In New Providence, 22.66% of households rent, and 38.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Providence is $13,563 per month. Households that rent pay about 14.19% of their income on rent here. New Providence’s most expensive areas are in the northeastern 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
- Chatham, NJ: higher priced homes
- Summit, NJ: higher priced homes
- Berkeley Heights, NJ: equally priced homes
- Mountainside, NJ: higher priced homes
- Green Village, NJ: higher priced homes
- Gillette, NJ: less expensive homes
- Madison, NJ: higher priced homes
- Fanwood, NJ: less expensive homes
- Springfield, NJ: less expensive homes
- Scotch Plains, NJ: equally priced homes
Cities with Similar Populations
- Tolland, CT: less expensive homes
- Crestwood, MO: less expensive homes
- Cromwell, CT: less expensive homes
- Croton On Hudson, NY: less expensive homes
- Cutlerville, MI: less expensive homes
- Dallas, PA: less expensive homes
- Damascus, MD: less expensive homes
- Danville, IN: less expensive homes
- Deatsville, AL: less expensive homes
- Sylva, NC: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood