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These days, finding an affordable place to live in the Warren area can be challenging. Home prices in Warren are now at a median cost of $937,500, higher than the New Jersey average of $496,577.
The average cost of rent is $2,071/mo in Warren, primarily driven by the current value of real estate in the Warren area. In Warren, 12.59% of households rent, and 42.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Warren is $17,606 per month. Households that rent pay about 11.76% of their income on rent here. Warren’s most expensive areas are in the northwestern 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
- Bernards, NJ: less expensive homes
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- Watchung, NJ: less expensive homes
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- North Plainfield, NJ: less expensive homes
Cities with Similar Populations
- St. Helens, OR: less expensive homes
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- Croton On Hudson, NY: less expensive homes
- Danville, IN: less expensive homes
- Deatsville, AL: less expensive homes
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