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These days, finding an affordable place to live in the Westfield area can be challenging. Home prices in Westfield are now at a median cost of $964,244, higher than the New Jersey average of $496,577.
The average cost of rent is $2,260/mo in Westfield, primarily driven by the current value of real estate in the Westfield area. In Westfield, 19.29% of households rent, and 30.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Westfield is $17,964 per month. Households that rent pay about 12.58% of their income on rent here. Westfield’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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