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These days, finding an affordable place to live in the Nutley area can be challenging. Home prices in Nutley are now at a median cost of $523,062, higher than the New Jersey average of $496,577.
The average cost of rent is $1,948/mo in Nutley, primarily driven by the current value of real estate in the Nutley area. In Nutley, 29.65% of households rent, and 30.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nutley is $11,273 per month. Households that rent pay about 17.28% of their income on rent here. Nutley’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brookdale, NJ: higher priced homes
- Belleville, NJ: less expensive homes
- Lyndhurst, NJ: equally priced homes
- North Arlington, NJ: equally priced homes
- Bloomfield, NJ: less expensive homes
- Rutherford, NJ: higher priced homes
- Glen Ridge, NJ: higher priced homes
- Upper Montclair, NJ: higher priced homes
- Silver Lake, NJ: equally priced homes
- Montclair, NJ: higher priced homes
Cities with Similar Populations
- Franconia, VA: higher priced homes
- Suisun City, CA: equally priced homes
- Stafford, TX: less expensive homes
- Glenside, PA: less expensive homes
- Geneva, IL: less expensive homes
- Galt, CA: equally priced homes
- Gainesville, VA: higher priced homes
- Front Royal, VA: less expensive homes
- Fridley, MN: less expensive homes
- Summerfield, FL: less expensive homes
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