The Most Affordable Neighborhoods in Wantage, NJ by Home Value

 

Wantage, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wantage area can be challenging. Home prices in Wantage are now at a median cost of $303,085, lower than the New Jersey average of $388,929.

The average cost of rent is $1,402/mo in Wantage, primarily driven by the current value of real estate in the Wantage area. While nearly 33.28% of residents own their homes outright in Wantage, 15.49% rent.

Housing affordability isn’t just about home prices, though. The average household income in Wantage is $7,656 per month. Households that rent pay about 18.31% of their income on rent here. Wantage's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.


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