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These days, finding an affordable place to live in the Westwood area can be challenging. Home prices in Westwood are now at a median cost of $689,459, higher than the New Jersey average of $496,577.
The average cost of rent is $2,273/mo in Westwood, primarily driven by the current value of real estate in the Westwood area. In Westwood, 25.34% of households rent, and 30.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Westwood is $16,551 per month. Households that rent pay about 13.73% of their income on rent here. Westwood’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hillsdale, NJ: equally priced homes
- Emerson, NJ: equally priced homes
- Harrington Park, NJ: higher priced homes
- Old Tappan, NJ: higher priced homes
- Park Ridge, NJ: equally priced homes
- Woodcliff Lake, NJ: higher priced homes
- Oradell, NJ: equally priced homes
- Haworth, NJ: higher priced homes
- Norwood, NJ: equally priced homes
- Paramus, NJ: higher priced homes
Cities with Similar Populations
- Walterboro, SC: less expensive homes
- Bethel, CT: less expensive homes
- Bostonia, CA: less expensive homes
- Brookhaven, MS: less expensive homes
- Bull Run, VA: less expensive homes
- Camp Springs, MD: less expensive homes
- Center Point, AL: less expensive homes
- Central, LA: less expensive homes
- Chatham, NJ: higher priced homes
- Wade Hampton, SC: less expensive homes
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