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Affordable
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These days, finding an affordable place to live in the New Hope area can be challenging. Home prices in New Hope are now at a median cost of $154,032, lower than the Florida average of $396,783.
The average cost of rent is $885/mo in New Hope, primarily driven by the current value of real estate in the New Hope area. In New Hope, 18.23% of households rent, and 73.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Hope is $4,982 per month. Households that rent pay about 17.76% of their income on rent here. New Hope’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cerrogordo, FL: less expensive homes
- Westville, FL: less expensive homes
- Hickory Hill, FL: less expensive homes
- Caryville, FL: less expensive homes
- Prosperity, FL: less expensive homes
- Izagora, FL: less expensive homes
- Noma, FL: less expensive homes
- Bonifay, FL: less expensive homes
- Leonia, FL: less expensive homes
- Whitehead Crossroads, FL: less expensive homes
Cities with Similar Populations
- Amboy, IN: higher priced homes
- Wykoff, MN: higher priced homes
- Winn, MI: higher priced homes
- Wilmington, NY: higher priced homes
- Williamsburg, NM: less expensive homes
- Wilcox, PA: less expensive homes
- Brant, MI: equally priced homes
- Bowlegs, OK: less expensive homes
- Bonney, TX: higher priced homes
- Blue Hill, NE: higher priced homes
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