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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 $197,974, lower than the Illinois average of $300,242.
The average cost of rent is $734/mo in New Berlin, primarily driven by the current value of real estate in the New Berlin area. In New Berlin, 20.41% of households rent, and 33.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Berlin is $6,421 per month. Households that rent pay about 11.43% of their income on rent here. New Berlin’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Berlin, IL: higher priced homes
- Loami, IL: equally priced 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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