Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Berlin area can be challenging. Home prices in New Berlin are now at a median cost of $157,730, lower than the Illinois average of $242,002.
The average cost of rent is $687/mo in New Berlin, primarily driven by the current value of real estate in the New Berlin area. While nearly 33.19% of residents own their homes outright in New Berlin, 15.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Berlin is $6,459 per month. Households that rent pay about 10.63% of their income on rent here. New Berlin's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Berlin, IL: equally priced homes
- Loami, IL: less expensive homes
- Curran, IL: higher priced homes
- Orleans, IL: less expensive homes
- Pleasant Plains, IL: higher priced homes
- Alexander, IL: less expensive homes
- Richland, IL: less expensive homes
- Bradfordton, IL: higher priced homes
- Rees, IL: less expensive homes
- Chatham, IL: higher priced homes
Cities with Similar Populations
- Mayfield, PA: less expensive homes
- Red House, WV: less expensive homes
- Port Republic, NJ: higher priced homes
- Pioneer, TN: less expensive homes
- Newark, IL: higher priced homes
- Neligh, NE: less expensive homes
- Millwood, WA: higher priced homes
- Millville, DE: higher priced homes
- Millerton, PA: equally priced homes
- Milford, WY: higher priced homes
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