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These days, finding an affordable place to live in the Roseland area can be challenging. Home prices in Roseland are now at a median cost of $693,306, higher than the New Jersey average of $496,577.
The average cost of rent is $3,235/mo in Roseland, primarily driven by the current value of real estate in the Roseland area. In Roseland, 17.04% of households rent, and 31.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Roseland is $15,636 per month. Households that rent pay about 20.69% of their income on rent here. Roseland’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Essex Fells, NJ: higher priced homes
- Caldwell, NJ: less expensive homes
- Livingston, NJ: higher priced homes
- East Hanover, NJ: equally priced homes
- Verona, NJ: less expensive homes
- West Orange, NJ: less expensive homes
- Pine Brook, NJ: less expensive homes
- North Caldwell, NJ: higher priced homes
- Fairfield, NJ: equally priced homes
- Cedar Grove, NJ: equally priced homes
Cities with Similar Populations
- Manchester, MI: less expensive homes
- Marcellus, NY: less expensive homes
- Maquoketa, IA: less expensive homes
- Many, LA: less expensive homes
- Manton, MI: less expensive homes
- Manteo, NC: less expensive homes
- Mansfield, LA: less expensive homes
- Manorhaven, NY: equally priced homes
- Mannford, OK: less expensive homes
- Manchester, PA: less expensive homes
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