While Newark and Bayonne are currently poles apart in annual rent growth, both cities were recently identified as the top two most affordable locations to buy a home near Manhattan.
Upstate Kingston clocked in as the cheapest city in the metropolitan area for renters, with a median price of $1,500 for a one-bed — though Kingston is not located off a commuter rail line. The former state capital is closely followed by Bridgeport, Connecticut — which is — at $1,650 per month and Paterson, New Jersey at $1,730 per month.