The Most Affordable Neighborhoods in West New York, NJ by Home Value

 

West New York, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the West New York area can be challenging. Home prices in West New York are now at a median cost of $409,781, higher than the New Jersey average of $388,929.

The average cost of rent is $1,602/mo in West New York, primarily driven by the current value of real estate in the West New York area. While nearly 38.57% of residents own their homes outright in West New York, 76.34% rent.

Housing affordability isn’t just about home prices, though. The average household income in West New York is $6,562 per month. Households that rent pay about 24.41% of their income on rent here. West New York's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.


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