
Home Price Key
These days, finding an affordable place to live in the Randolph area can be challenging. Home prices in Randolph are now at a median cost of $544,106, higher than the New Jersey average of $388,929.
The average cost of rent is $1,834/mo in Randolph, primarily driven by the current value of real estate in the Randolph area. While nearly 28.11% of residents own their homes outright in Randolph, 18.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Randolph is $14,192 per month. Households that rent pay about 12.92% of their income on rent here. Randolph's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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- Mendham, NJ: higher priced homes
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Cities with Similar Populations
- Festus, MO: less expensive homes
- Soddy-Daisy, TN: less expensive homes
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- Sherwood, OR: equally priced homes
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- Inkster, MI: less expensive homes
- Imperial Beach, CA: higher priced homes
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