Home Price Key
Affordable
Average
Expensive
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 $652,823, higher than the New Jersey average of $388,929.
The average cost of rent is $1,930/mo in New Providence, primarily driven by the current value of real estate in the New Providence area. While nearly 33.85% of residents own their homes outright in New Providence, 21.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Providence is $12,832 per month. Households that rent pay about 15.04% of their income on rent here. New Providence's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
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: equally priced 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
All Local Stats
Home Services
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