States › New Jersey › Fair Haven

Is Fair Haven, NJ expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,853120% higher than U.S. average
💵 Families earn per year (2026)$250,000+about $20,833/month · 187% higher than U.S. average
🔑 House price$992,200198% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 4.0 years of household income. Commutes are long, about 44.1 minutes each way. Most homes (89.8%) are owned, so rentals can be hard to find. It is a highly educated city: 86.8% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $154,120 a year. That is $74 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

No. Rent here is more expensive than in most of New Jersey. It is number 291 of 291 cities from cheapest to most expensive.

Fair Haven
$3,853
Vauxhall
$2,019
Woodcliff Lake
$2,083
Laurence Harbor
$2,100
Oceanport
$1,774
Little Silver
$3,500+
Paulsboro
$1,077

How much do households earn in Fair Haven?

Under $25k
0.0%
$25k–50k
4.6%
$50k–100k
18.7%
$100k–150k
16.1%
$150k+
60.5%

Share of households by yearly income. 76.5% of households earn $100,000 or more.

How expensive is Fair Haven overall?

Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).

Housing
134
Goods (food, clothes…)
107
Utilities
114
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Fair Haven, so the New Jersey figure is shown.

Taxes and bills in Fair Haven

🏛️ Property tax$10,000+a year · 1.01% of home value · U.S. $3,119
⚡ Electric bill$148a month (typical) · U.S. $156

Life in Fair Haven

Commute to work44.1 minU.S.: 26.4 min
College degree86.8%U.S.: 35.7%
Own their home89.8%U.S.: 65.2%
Below poverty line1.1%U.S.: 12.5%
Unemployment4.9%U.S.: 5.2%

Is it cheaper to rent or buy in Fair Haven?

Renting is cheaper right now: about $3,031 a month less.

Renting
$3,853
Owning
$6,884

Owning assumes a typical $992,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $99,220 for the down payment.

Frequently asked questions

What is the average rent in Fair Haven, NJ?

Renting in Fair Haven costs a median of about $3,853 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Fair Haven?

To keep rent under 30% of income, you need about $154,120 a year, or $74 an hour at a full-time job.

Is Fair Haven cheap or expensive?

Fair Haven is rated Cheap: rent takes 18.5% of the typical household income of $250,000+. It ranks 291st cheapest of 291 New Jersey cities we track.

How much are property taxes in Fair Haven?

The median homeowner in Fair Haven pays $10,000+ a year in property taxes, about 1.01% of the median home value.

Is Fair Haven more expensive than the national average?

Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Fair Haven?

The median home value in Fair Haven is $992,200, about 4.0 times the typical yearly household income.

6,170 people live in Fair Haven. Numbers are typical (middle) values.