Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Raritan area can be challenging. Home prices in Raritan are now at a median cost of $350,627, lower than the New Jersey average of $388,929.
The average cost of rent is $1,728/mo in Raritan, primarily driven by the current value of real estate in the Raritan area. While nearly 38.12% of residents own their homes outright in Raritan, 43.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Raritan is $7,701 per month. Households that rent pay about 22.43% of their income on rent here. Raritan's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Somerville, NJ: higher priced homes
- Bradley Gardens, NJ: higher priced homes
- Green Knoll, NJ: higher priced homes
- Bridgewater, NJ: higher priced homes
- Finderne, NJ: equally priced homes
- Manville, NJ: less expensive homes
- North Branch Depot, NJ: higher priced homes
- Zarephath, NJ: higher priced homes
- Flagtown, NJ: higher priced homes
- Martinsville, NJ: higher priced homes
Cities with Similar Populations
- Basehor, KS: less expensive homes
- Atkinson, NH: equally priced homes
- Atlanta, TX: less expensive homes
- Atlantic Highlands, NJ: higher priced homes
- Bumpass, VA: equally priced homes
- Auburndale, MA: higher priced homes
- Audubon, NJ: less expensive homes
- August, CA: less expensive homes
- West Point, GA: less expensive homes
- Aurora, IN: less expensive homes
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