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 $299,159, higher than the Wisconsin average of $220,185.
The average cost of rent is $1,255/mo in New Berlin, primarily driven by the current value of real estate in the New Berlin area. While nearly 39.34% of residents own their homes outright in New Berlin, 23.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Berlin is $7,893 per month. Households that rent pay about 15.90% of their income on rent here. New Berlin's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Hales Corners, WI: less expensive homes
- West Allis, WI: less expensive homes
- Elm Grove, WI: higher priced homes
- Muskego, WI: higher priced homes
- Greenfield, WI: less expensive homes
- Brookfield, WI: higher priced homes
- Greendale, WI: less expensive homes
- Wauwatosa, WI: less expensive homes
- West Milwaukee, WI: less expensive homes
- Waukesha, WI: less expensive homes
Cities with Similar Populations
- Royal Palm Beach, FL: equally priced homes
- Kingman, AZ: less expensive homes
- Levittown, NY: higher priced homes
- Madison, TN: less expensive homes
- Maplewood, MN: less expensive homes
- Aguadilla, PR: less expensive homes
- Menlo Park, CA: higher priced homes
- Midlothian, TX: equally priced homes
- Milton, GA: higher priced homes
- Monrovia, CA: higher priced homes
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