Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Wayne area can be challenging. Home prices in Wayne are now at a median cost of $600,513, higher than the New Jersey average of $496,577.
The average cost of rent is $2,426/mo in Wayne, primarily driven by the current value of real estate in the Wayne area. In Wayne, 21.24% of households rent, and 33.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wayne is $13,734 per month. Households that rent pay about 17.66% of their income on rent here. Wayne’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pequannock, NJ: equally priced homes
- Haledon, NJ: less expensive homes
- North Haledon, NJ: equally priced homes
- Pompton Plains, NJ: equally priced homes
- Totowa, NJ: equally priced homes
- Lincoln Park, NJ: less expensive homes
- Prospect Park, NJ: less expensive homes
- Pompton Lakes, NJ: less expensive homes
- Woodland Park, NJ: less expensive homes
- Riverdale, NJ: less expensive homes
Cities with Similar Populations
- Yorktown, VA: less expensive homes
- Rockwall, TX: less expensive homes
- Snohomish, WA: higher priced homes
- Southaven, MS: less expensive homes
- St. Louis Park, MN: less expensive homes
- Kendale Lakes, FL: less expensive homes
- Urbana, IL: less expensive homes
- Valley Stream, NY: higher priced homes
- Encinitas, CA: higher priced homes
- Edina, MN: higher priced homes
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