The Most Affordable Neighborhoods in New Knoxville, OH by Home Value

 

New Knoxville, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Knoxville area can be challenging. Home prices in New Knoxville are now at a median cost of $216,844, lower than the Ohio average of $236,816.

The average cost of rent is $908/mo in New Knoxville, primarily driven by the current value of real estate in the New Knoxville area. In New Knoxville, 25.39% of households rent, and 49.49% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Knoxville is $7,018 per month. Households that rent pay about 12.94% of their income on rent here. New Knoxville’s most expensive areas are in the northeastern 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.


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