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These days, finding an affordable place to live in the Downtown Newport News area can be challenging. Home prices in Downtown Newport News are now at a median cost of $161,357, lower than the Newport News average of $197,836.
The average cost of rent is $1,108/mo in Downtown Newport News, primarily driven by the current value of real estate in the Downtown Newport News area. While nearly 35.07% of residents own their homes outright in Downtown Newport News, 56.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Newport News is $3,902 per month. Households that rent pay about 28.39% of their income on rent here. Downtown Newport News's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Briarfield, Newport News, VA: less expensive homes
- Newmarket South, Newport News, VA: equally priced homes
- Aberdeen, Hampton, VA: higher priced homes
- Northampton, Hampton, VA: higher priced homes
- Greater Wythe, Hampton, VA: equally priced homes
- Mercury Central, Hampton, VA: higher priced homes
- Downtown Hampton, Hampton, VA: higher priced homes
- Magruder, Hampton, VA: higher priced homes
- Christopher Newport, Newport News, VA: higher priced homes
- Deer Park, Newport News, VA: higher priced homes
Neighborhoods with Similar Populations
- Sterling Hills, Aurora, CO: higher priced homes
- Downtown West Palm Beach, West Palm Beach, FL: higher priced homes
- East Durham, Durham, NC: higher priced homes
- El Dorado Park, Long Beach, CA: higher priced homes
- Emerald Lake Hills, Redwood City, CA: higher priced homes
- Imperial Point, Fort Lauderdale, FL: higher priced homes
- Jardines de Country Club, Carolina, PR: less expensive homes
- Lacy, Santa Ana, CA: higher priced homes
- Marina Lagoon, San Mateo, CA: higher priced homes
- South Alum Creek, Columbus, OH: less expensive homes
All Local Stats
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