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These days, finding an affordable place to live in the New Hartford area can be challenging. Home prices in New Hartford are now at a median cost of $311,671, lower than the Minnesota average of $345,793.
The average cost of rent is $909/mo in New Hartford, primarily driven by the current value of real estate in the New Hartford area. In New Hartford, 15.05% of households rent, and 47.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Hartford is $7,368 per month. Households that rent pay about 12.33% of their income on rent here. New Hartford’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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