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These days, finding an affordable place to live in the New Castle area can be challenging. Home prices in New Castle are now at a median cost of $171,832, higher than the Kentucky average of $164,895.
The average cost of rent is $771/mo in New Castle, primarily driven by the current value of real estate in the New Castle area. While nearly 45.55% of residents own their homes outright in New Castle, 33.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Castle is $4,465 per month. Households that rent pay about 17.28% of their income on rent here. New Castle's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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