Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Woodcliff Lake area can be challenging. Home prices in Woodcliff Lake are now at a median cost of $817,217, higher than the New Jersey average of $388,929.
The average cost of rent is $1,577/mo in Woodcliff Lake, primarily driven by the current value of real estate in the Woodcliff Lake area. While nearly 37.36% of residents own their homes outright in Woodcliff Lake, 8.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Woodcliff Lake is $14,718 per month. Households that rent pay about 10.71% of their income on rent here. Woodcliff Lake's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
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- Ho-Ho-Kus, NJ: equally priced homes
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Cities with Similar Populations
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- Paulden, AZ: less expensive homes
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