Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newfoundland area can be challenging. Home prices in Newfoundland are now at a median cost of $398,718, higher than the New Jersey average of $388,929.
The average cost of rent is $1,634/mo in Newfoundland, primarily driven by the current value of real estate in the Newfoundland area. While nearly 39.16% of residents own their homes outright in Newfoundland, 21.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newfoundland is $10,404 per month. Households that rent pay about 15.70% of their income on rent here. Newfoundland's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Green Pond, NJ: higher priced homes
- Oak Ridge, NJ: equally priced homes
- Marcella, NJ: higher priced homes
- Echo Lake, NJ: less expensive homes
- Kinnelon, NJ: higher priced homes
- West Milford, NJ: less expensive homes
- Lake Telemark, NJ: less expensive homes
- Butler, NJ: equally priced homes
- Stockholm, NJ: less expensive homes
- Bloomingdale, NJ: less expensive homes
Cities with Similar Populations
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- Jayess, MS: less expensive homes
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- Anson, TX: less expensive homes
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- Little River, TX: less expensive homes
- Mechanic Falls, ME: less expensive homes
- Monmouth, ME: less expensive homes
- Pemberville, OH: less expensive homes
- Peridot, AZ: less expensive homes
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