Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ridgewood area can be challenging. Home prices in Ridgewood are now at a median cost of $790,015, higher than the New Jersey average of $388,929.
The average cost of rent is $2,400/mo in Ridgewood, primarily driven by the current value of real estate in the Ridgewood area. While nearly 28.30% of residents own their homes outright in Ridgewood, 17.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ridgewood is $16,308 per month. Households that rent pay about 14.72% of their income on rent here. Ridgewood's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Ho-Ho-Kus, NJ: equally priced homes
- Glen Rock, NJ: less expensive homes
- Midland Park, NJ: less expensive homes
- Waldwick, NJ: less expensive homes
- Hawthorne, NJ: less expensive homes
- Paramus, NJ: less expensive homes
- Wyckoff, NJ: equally priced homes
- Fair Lawn, NJ: less expensive homes
- Saddle River, NJ: higher priced homes
- Allendale, NJ: equally priced homes
Cities with Similar Populations
- Dana Point, CA: higher priced homes
- Villalba, PR: less expensive homes
- Verona, WI: less expensive homes
- University Park, TX: higher priced homes
- Union, KY: less expensive homes
- Dix Hills, NY: equally priced homes
- District Heights, MD: less expensive homes
- DePew, NY: less expensive homes
- Denver, NC: less expensive homes
- Del Valle, TX: less expensive homes
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