Much like the surrounding areas, it is a lot more expensive compared to the entire nation. However compared to the city of New York, it's substantially less expensive.
Home prices
The median home in Butler costs $355,200. In comparison to other places in this area this is approximately $13,240 (3%) lower.Compared to the US as a whole it is roughly $137,700 (63%) higher, and in comparison to the city of New York is about $250,800 (41%) lower.
Rents
Butler's median monthly rent is $1,321. It is about $462 (25%) lower compared to its surrounding areas.In comparison to the nation as a whole it is roughly $259 (24%) higher, and is approximately $122 (8%) lower compared to the city of New York.
Nearby places
Riverdale
Riverdale is Butler's neighbor to the east. Its housing prices are fairly similar. Riverdale's median home cost is $347,400, which is $7,800 (2%) lower than Butler. Its rents are a lot more expensive. The median rent in Riverdale is $2,098 a month, which works out to $777 (37%) higher than Butler.
Kinnelon
Kinnelon is Butler's neighbor to the southwest. Housing prices there are significantly more expensive. Kinnelon's median home price is $570,800, which comes out to $215,600 (37%) higher than Butler. The rent there is substantially more expensive. Kinnelon's median monthly rent is $2,040, which comes out to $719 (35%) higher than Butler.
Bloomingdale
Bloomingdale is Butler's neighbor to the north. Its real estate prices are a bit less expensive. Bloomingdale's median home price is $303,300, which is $51,900 (17%) lower than Butler. The rent there is a bit more expensive. Bloomingdale's median monthly rent is $1,645, which works out to $324 (19%) higher than Butler.
Pompton Lakes
Pompton Lakes is roughly 2 miles east of Butler. Its housing prices are somewhat less expensive. Pompton Lakes's median home price is $302,700, which is $52,500 (17%) lower than Butler. Its rents are somewhat more expensive. In Pompton Lakes the median monthly rent is $1,536, which is $215 (13%) higher than Butler.
Wanaque
Wanaque is approximately 3 miles northeast from Butler. Housing prices there are somewhat less expensive. The median home in Wanaque costs $318,000, which is $37,200 (11%) lower than Butler. The rent there is a little more expensive. Wanaque's median monthly rent is $1,595, which is $274 (17%) higher than Butler.
