Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Albany area can be challenging. Home prices in New Albany are now at a median cost of $423,965, higher than the Ohio average of $181,280.
The average cost of rent is $1,519/mo in New Albany, primarily driven by the current value of real estate in the New Albany area. While nearly 22.52% of residents own their homes outright in New Albany, 33.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Albany is $13,678 per month. Households that rent pay about 11.10% of their income on rent here. New Albany's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Harlem, OH: less expensive homes
- Gahanna, OH: less expensive homes
- Westerville, OH: less expensive homes
- Jersey, OH: less expensive homes
- Black Lick, OH: less expensive homes
- Center Village, OH: less expensive homes
- Minerva Park, OH: less expensive homes
- Concord, OH: less expensive homes
- Whitehall, OH: less expensive homes
- Johnstown, OH: less expensive homes
Cities with Similar Populations
- El Sobrante, CA: higher priced homes
- Gibsonia, PA: less expensive homes
- Gallup, NM: less expensive homes
- Franklin Square, NY: higher priced homes
- Franklin, OH: less expensive homes
- Fish Hawk, FL: equally priced homes
- Festus, MO: less expensive homes
- Ferndale, WA: equally priced homes
- Farmington, NM: less expensive homes
- Farmington, MO: less expensive homes
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