
Home Price Key
These days, finding an affordable place to live in the Upper Montclair area can be challenging. Home prices in Upper Montclair are now at a median cost of $771,742, higher than the New Jersey average of $388,929.
The average cost of rent is $2,345/mo in Upper Montclair, primarily driven by the current value of real estate in the Upper Montclair area. While nearly 30.86% of residents own their homes outright in Upper Montclair, 15.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Upper Montclair is $17,008 per month. Households that rent pay about 13.79% of their income on rent here. Upper Montclair's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Brookdale, NJ: less expensive homes
- Cedar Grove, NJ: less expensive homes
- Montclair, NJ: less expensive homes
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- Little Falls, NJ: less expensive homes
- Glen Ridge, NJ: less expensive homes
- Nutley, NJ: less expensive homes
- Clifton, NJ: less expensive homes
- North Caldwell, NJ: equally priced homes
- Woodland Park, NJ: less expensive homes
Cities with Similar Populations
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- Hartsdale, NY: less expensive homes
- Harrisonville, MO: less expensive homes
- Harrison, TN: less expensive homes
- Hamilton Square, NJ: less expensive homes
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