Rent is higher than in 67% of U.S. cities. A typical house costs about 4.6 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $78,680 a year. That is $38 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
Yes. Rent here is cheaper than in most of New Jersey. It is number 87 of 291 cities from cheapest to most expensive.
How much do households earn in Little Ferry?
Share of households by yearly income. 34.9% of households earn $100,000 or more.
Rent by apartment size in Little Ferry
| Size | Little Ferry | U.S. average |
|---|---|---|
| Studio | $1,364 | $1,338 |
| 1 bedroom | $1,763 | $1,324 |
| 2 bedrooms | $2,522 | $1,509 |
| 3 bedrooms | $3,346 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Little Ferry overall?
Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Little Ferry, so the New Jersey figure is shown.
Taxes and bills in Little Ferry
Life in Little Ferry
Is it cheaper to rent or buy in Little Ferry?
Renting is cheaper right now: about $1,012 a month less.
Owning assumes a typical $429,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,930 for the down payment.
Frequently asked questions
What is the average rent in Little Ferry, NJ?
Renting in Little Ferry costs a median of about $1,967 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Little Ferry?
To keep rent under 30% of income, you need about $78,680 a year, or $38 an hour at a full-time job.
Is Little Ferry cheap or expensive?
Little Ferry is rated OK: rent takes 25.5% of the typical household income of $92,481. It ranks 87th cheapest of 291 New Jersey cities we track.
How much are property taxes in Little Ferry?
The median homeowner in Little Ferry pays $10,000+ a year in property taxes, about 2.33% of the median home value.
Is Little Ferry 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 Little Ferry?
The median home value in Little Ferry is $429,300, about 4.6 times the typical yearly household income.
10,996 people live in Little Ferry. Numbers are typical (middle) values.