Home prices
Rumson's median home value is $1,171,900. This is approximately $582,680 (98%) higher in comparison to nearby areas.In comparison to the United States as a whole it is approximately $954,400 (438%) higher, and is approximately $565,900 (93%) higher compared to the city of New York.
Rents
The median rent in Rumson is $2,206 a month. In comparison to its surrounding areas this is approximately $158 (7%) higher.It is roughly $1,144 (107%) higher in comparison to the rest of the nation, and is roughly $763 (52%) higher in comparison to the city of New York.
Nearby places
Sea Bright
Sea Bright is Rumson's neighbor to the east. Housing prices there are significantly less expensive. The cost of the median home in Sea Bright is $527,500, which comes out to $644,400 (122%) lower than Rumson. Its rents are a bit less expensive. In Sea Bright the median rent is $1,734 per month, which works out to $472 (27%) lower than Rumson.
Fair Haven
Fair Haven is Rumson's neighbor to the west. The housing prices there are a lot less expensive. The median home in Fair Haven costs $731,900, which is $440,000 (60%) lower than Rumson. Its rents are pretty similar. Fair Haven's median rent is $2,288 a month, which works out to $82 (3%) higher than Rumson.
Monmouth Beach
Monmouth Beach is Rumson's neighbor to the southeast. Its housing prices are a lot less expensive. The median home value in Monmouth Beach is $753,200, which is $418,700 (55%) lower than Rumson. The rent there is somewhat more expensive. Monmouth Beach's median monthly rent is $2,534, which works out to $328 (12%) higher than Rumson.
Little Silver
Little Silver is Rumson's neighbor to the southwest. Its housing prices are significantly less expensive. The median home in Little Silver is valued at $642,500, which is $529,400 (82%) lower than Rumson. Its rents are somewhat more expensive. Little Silver's median rent is $2,469 a month, which comes out to $263 (10%) higher than Rumson.
Highlands
Highlands is about 2 miles north of Rumson. Real estate prices there are substantially less expensive. The median home in Highlands costs $291,000, which is $880,900 (302%) lower than Rumson. Its rents are a lot less expensive. In Highlands the median rent is $1,217 a month, which comes out to $989 (81%) lower than Rumson.
