Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Wood-Ridge area can be challenging. Home prices in Wood-Ridge are now at a median cost of $566,792, higher than the New Jersey average of $496,577.
The average cost of rent is $2,268/mo in Wood-Ridge, primarily driven by the current value of real estate in the Wood-Ridge area. In Wood-Ridge, 32.33% of households rent, and 35.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wood-Ridge is $12,158 per month. Households that rent pay about 18.65% of their income on rent here. Wood-Ridge’s most expensive areas are in the southwestern 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
- Carlstadt, NJ: equally priced homes
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Cities with Similar Populations
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- Ruckersville, VA: less expensive homes
- Rupert, ID: less expensive homes
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