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Affordable
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These days, finding an affordable place to live in the Ridgefield Park area can be challenging. Home prices in Ridgefield Park are now at a median cost of $541,058, higher than the New Jersey average of $496,577.
The average cost of rent is $1,756/mo in Ridgefield Park, primarily driven by the current value of real estate in the Ridgefield Park area. In Ridgefield Park, 39.87% of households rent, and 32.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ridgefield Park is $8,911 per month. Households that rent pay about 19.70% of their income on rent here. Ridgefield Park’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Little Ferry, NJ: less expensive homes
- Bogota, NJ: equally priced homes
- South Hackensack, NJ: equally priced homes
- Palisades Park, NJ: higher priced homes
- Leonia, NJ: higher priced homes
- Moonachie, NJ: less expensive homes
- Teterboro, NJ: less expensive homes
- Ridgefield, NJ: higher priced homes
- Teaneck, NJ: equally priced homes
- Fort Lee, NJ: equally priced homes
Cities with Similar Populations
- Advance, NC: less expensive homes
- Barboursville, WV: less expensive homes
- Bangor, PA: less expensive homes
- Babylon, NY: higher priced homes
- Aztec, NM: less expensive homes
- Avenal, CA: less expensive homes
- Atchison, KS: less expensive homes
- Arkadelphia, AR: less expensive homes
- Accokeek, MD: equally priced homes
- Arbutus, MD: less expensive homes
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