Home prices
The price of the median home in Rahway is $272,700. It is roughly $24,780 (8%) lower in comparison to nearby areas.It is about $55,200 (25%) higher compared to the US as a whole, and is roughly $333,300 (55%) lower in comparison to the city of New York.
Rents
In Rahway the median monthly rent is $1,310. Compared to its nearby areas it is about $229 (14%) lower.Compared to the nation as a whole it is approximately $248 (23%) higher, and compared to the city of New York is approximately $133 (9%) lower.
Nearby places
Avenel
Avenel is Rahway's neighbor to the south. The real estate prices there are pretty similar. Avenel's median home price is $262,800, which works out to $9,900 (3%) lower than Rahway. Rent there is somewhat more expensive. In Avenel the median monthly rent is $1,483, which is $173 (11%) higher than Rahway.
Colonia
Colonia is Rahway's neighbor to the southwest. The housing prices there are a little more expensive. The median home in Colonia costs $363,900, which works out to $91,200 (25%) higher than Rahway. Rents there are a little more expensive. Colonia's median monthly rent is $1,637, which works out to $327 (19%) higher than Rahway.
Linden
Linden is Rahway's neighbor to the northeast. Housing prices there are similar. The median home in Linden is valued at $281,800, which works out to $9,100 (3%) higher than Rahway. Its rents are similar. The median monthly rent in Linden is $1,313, which is very similar to Rahway.
Carteret
Carteret is about 2 miles southeast of Rahway. The real estate prices there are similar. The median home in Carteret costs $272,200, which is very similar to Rahway. Rents there are a bit more expensive. Carteret's median rent is $1,492 a month, which comes out to $182 (12%) higher than Rahway.
Iselin
Iselin is about 3 miles southwest of Rahway. The housing prices there are somewhat more expensive. The median home value in Iselin is $306,700, which comes out to $34,000 (11%) higher than Rahway. Rent there is a bit more expensive. In Iselin the median monthly rent is $1,769, which works out to $459 (25%) higher than Rahway.
