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These days, finding an affordable place to live in the New City area can be challenging. Home prices in New City are now at a median cost of $289,766, lower than the Illinois average of $300,242.
The average cost of rent is $1,477/mo in New City, primarily driven by the current value of real estate in the New City area. In New City, 3.10% of households rent, and 20.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New City is $11,267 per month. Households that rent pay about 13.11% of their income on rent here. New City’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rochester, IL: less expensive homes
- Pawnee, IL: less expensive homes
- Glenarm, IL: equally priced homes
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- Tovey, IL: less expensive homes
- Sicily, IL: less expensive homes
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- Southern View, IL: less expensive homes
- Chatham, IL: less expensive homes
Cities with Similar Populations
- Thurston, NY: less expensive homes
- DeBorgia, MT: higher priced homes
- Degolia, PA: less expensive homes
- Denhawken, TX: equally priced homes
- Dennysville, ME: less expensive homes
- DeSoto, IN: less expensive homes
- Dibbletown, NY: less expensive homes
- Dighton, OK: less expensive homes
- Dorchester, NJ: less expensive homes
- Douglas, ND: less expensive homes
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