Most Affordable Neighborhoods in Medford Lakes borough - 2026 Data
The median home value in Medford Lakes borough is $360,000, 28% above nat'l avg. Median rent is $1,685/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Medford Lakes borough, NJ area.
Key Takeaways: Affordability in Medford Lakes borough
- 1The most affordable neighborhood in Medford Lakes borough is East Orange, with a median home value of $282,900.
- 2Medford Lakes borough's median home value is $360,000, 28% above nat'l avg (national: $281,900).
- 3Median rent in Medford Lakes borough is $1,685/month, 45% above nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Medford Lakes borough to find the most affordable areas based on home values, rent, and affordability index.
Medford Lakes borough Affordability Overview
Median Home Value
$360,000
28% above nat'l avg
Median Rent
$1,685/mo
45% above nat'l avg
Median Income
$139,879
88% above nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Medford Lakes borough (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | East OrangeNJ | $282,900 |
| 2 | GuttenbergNJ | $364,500 |
| 3 | CliftonNJ | $428,000 |
| 4 | PassaicNJ | $379,800 |
| 5 | Freehold boroughNJ | $361,700 |
| 6 | West New YorkNJ | $407,000 |
| 7 | Metuchen boroughNJ | $537,000 |
| 8 | New Providence boroughNJ | $700,700 |
| 9 | Florham Park boroughNJ | $705,200 |
| 10 | Hopatcong boroughNJ | $284,600 |
| 11 | Edgewater boroughNJ | $750,200 |
| 12 | Union CityNJ | $448,000 |
| 13 | Haddonfield boroughNJ | $623,900 |
| 14 | PlainfieldNJ | $351,500 |
| 15 | Ringwood boroughNJ | $417,500 |