Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Teaneck area can be challenging. Home prices in Teaneck are now at a median cost of $463,746, higher than the New Jersey average of $388,929.
The average cost of rent is $1,843/mo in Teaneck, primarily driven by the current value of real estate in the Teaneck area. While nearly 35.39% of residents own their homes outright in Teaneck, 17.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Teaneck is $11,723 per month. Households that rent pay about 15.72% of their income on rent here. Teaneck's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bogota, NJ: less expensive homes
- Englewood, NJ: equally priced homes
- Hackensack, NJ: less expensive homes
- Leonia, NJ: equally priced homes
- Bergenfield, NJ: less expensive homes
- Ridgefield Park, NJ: less expensive homes
- South Hackensack, NJ: less expensive homes
- Maywood, NJ: less expensive homes
- River Edge, NJ: higher priced homes
- New Milford, NJ: equally priced homes
Cities with Similar Populations
- Cleburne, TX: less expensive homes
- Bartlesville, OK: less expensive homes
- Cedar Falls, IA: less expensive homes
- Fairburn, GA: less expensive homes
- Boerne, TX: less expensive homes
- Cedar City, UT: less expensive homes
- Walla Walla, WA: less expensive homes
- Burke, VA: higher priced homes
- Vega Baja, PR: less expensive homes
- Tupelo, MS: less expensive homes
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