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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 $206,000, lower than the Georgia average of $324,634.
The average cost of rent is $902/mo in New Hope, primarily driven by the current value of real estate in the New Hope area. In New Hope, 5.43% of households rent, and 60.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Hope is $6,207 per month. Households that rent pay about 14.53% of their income on rent here. New Hope’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Leathersville, GA: equally priced homes
- Maxim, GA: higher priced homes
- Double Branches, GA: higher priced homes
- Lincolnton, GA: equally priced homes
- Leah, GA: higher priced homes
- Phinizy, GA: higher priced homes
- Parksville, SC: less expensive homes
- Sybert, GA: less expensive homes
- Plum Branch, SC: less expensive homes
- Honora, GA: less expensive homes
Cities with Similar Populations
- Alto Pass, IL: equally priced homes
- Angus, TX: higher priced homes
- Arden, DE: higher priced homes
- Asharoken, NY: higher priced homes
- Asherville, IN: higher priced homes
- Attica, WI: higher priced homes
- Aultman, PA: equally priced homes
- Bald Eagle, PA: equally priced homes
- Bath, SD: equally priced homes
- Beaman, MO: equally priced homes
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