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These days, finding an affordable place to live in the Ramsey area can be challenging. Home prices in Ramsey are now at a median cost of $699,332, higher than the New Jersey average of $496,577.
The average cost of rent is $1,970/mo in Ramsey, primarily driven by the current value of real estate in the Ramsey area. In Ramsey, 20.96% of households rent, and 32.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ramsey is $13,958 per month. Households that rent pay about 14.12% of their income on rent here. Ramsey’s most expensive areas are in the northwestern 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
- Mahwah, NJ: equally priced homes
- Allendale, NJ: higher priced homes
- Upper Saddle River, NJ: higher priced homes
- Saddle River, NJ: higher priced homes
- Waldwick, NJ: less expensive homes
- Airmont, NY: equally priced homes
- Suffern, NY: less expensive homes
- Wyckoff, NJ: higher priced homes
- Midland Park, NJ: less expensive homes
- Ho-Ho-Kus, NJ: higher priced homes
Cities with Similar Populations
- Callahan, FL: less expensive homes
- Corning, NY: less expensive homes
- Clinton, MA: less expensive homes
- Clifton Heights, PA: less expensive homes
- Clewiston, FL: less expensive homes
- Cidra, PR: less expensive homes
- China Grove, NC: less expensive homes
- Cherryland, CA: equally priced homes
- Cherry Hill, VA: less expensive homes
- Cherry Hill Mall, NJ: less expensive homes
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