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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 $139,112, lower than the Pennsylvania average of $288,156.
The average cost of rent is $989/mo in New Castle, primarily driven by the current value of real estate in the New Castle area. In New Castle, 28.07% of households rent, and 47.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Castle is $5,226 per month. Households that rent pay about 18.93% of their income on rent here. New Castle’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South New Castle, PA: less expensive homes
- North Edinburg, PA: equally priced homes
- West Pittsburg, PA: less expensive homes
- Neshannock Falls, PA: higher priced homes
- Princeton, PA: higher priced homes
- Edinburg, PA: equally priced homes
- Wampum, PA: equally priced homes
- Harlansburg, PA: higher priced homes
- Energy, PA: higher priced homes
- Peanut, PA: higher priced homes
Cities with Similar Populations
- Azusa, CA: higher priced homes
- Yorktown, VA: higher priced homes
- Wheaton, MD: higher priced homes
- Wayne, NJ: higher priced homes
- Urbana, IL: higher priced homes
- Tuckahoe, VA: higher priced homes
- St. Louis Park, MN: higher priced homes
- Snohomish, WA: higher priced homes
- La Mirada, CA: higher priced homes
- Jamaica Plain, MA: higher priced homes
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