Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Stanhope area can be challenging. Home prices in Stanhope are now at a median cost of $301,110, lower than the New Jersey average of $388,929.
The average cost of rent is $1,552/mo in Stanhope, primarily driven by the current value of real estate in the Stanhope area. While nearly 26.64% of residents own their homes outright in Stanhope, 13.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Stanhope is $9,468 per month. Households that rent pay about 16.40% of their income on rent here. Stanhope's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Netcong, NJ: equally priced homes
- Waterloo, NJ: less expensive homes
- Budd Lake, NJ: higher priced homes
- Landing, NJ: equally priced homes
- Hopatcong, NJ: less expensive homes
- Ledgewood, NJ: higher priced homes
- Mount Arlington, NJ: higher priced homes
- Flanders, NJ: higher priced homes
- Andover, NJ: higher priced homes
- Succasunna, NJ: higher priced homes
Cities with Similar Populations
- Baxter, TN: less expensive homes
- Apalachin, NY: less expensive homes
- Apple Creek, OH: less expensive homes
- Ardmore, AL: less expensive homes
- Armonk, NY: higher priced homes
- Arnaudville, LA: less expensive homes
- Ashland, NJ: less expensive homes
- Atascosa, TX: less expensive homes
- Aumsville, OR: equally priced homes
- Averill Park, NY: less expensive homes
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