Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Bedford area can be challenging. Home prices in New Bedford are now at a median cost of $194,718, higher than the Ohio average of $181,280.
The average cost of rent is $838/mo in New Bedford, primarily driven by the current value of real estate in the New Bedford area. While nearly 50.16% of residents own their homes outright in New Bedford, 18.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Bedford is $5,244 per month. Households that rent pay about 15.98% of their income on rent here. New Bedford's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Baltic, OH: higher priced homes
- Fresno, OH: equally priced homes
- Farmerstown, OH: higher priced homes
- Keene, OH: less expensive homes
- Lake Buckhorn, OH: equally priced homes
- Bakersville, OH: less expensive homes
- Sugarcreek, OH: higher priced homes
- Berlin, OH: higher priced homes
- Walnut Creek, OH: higher priced homes
- Layland, OH: less expensive homes
Cities with Similar Populations
- Eastwood, NC: less expensive homes
- Verna, FL: higher priced homes
- Verden, OK: less expensive homes
- Venus, FL: less expensive homes
- Garden City, AL: less expensive homes
- Gap Creek, TN: less expensive homes
- Eno, TN: less expensive homes
- Elmwood, TN: less expensive homes
- Edgerton, MO: less expensive homes
- Vernon, OH: less expensive homes
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