Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New area can be challenging. Home prices in New are now at a median cost of $141,800, lower than the Kentucky average of $164,895.
The average cost of rent is $1,036/mo in New, primarily driven by the current value of real estate in the New area. While nearly 61.74% of residents own their homes outright in New, 7.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in New is $4,480 per month. Households that rent pay about 23.12% of their income on rent here. New's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Monterey, KY: equally priced homes
- Teresita, KY: equally priced homes
- Swallowfield, KY: less expensive homes
- Hesler, KY: equally priced homes
- Orville, KY: less expensive homes
- Fairbanks, KY: equally priced homes
- Peaks Mill, KY: equally priced homes
- Lockport, KY: less expensive homes
- Gratz, KY: less expensive homes
- Suterville, KY: equally priced homes
Cities with Similar Populations
- Thousand Island Park, NY: higher priced homes
- Tamworth, VA: higher priced homes
- Tate, AR: less expensive homes
- Tererro, NM: less expensive homes
- Texas City, IL: less expensive homes
- Texon, TX: higher priced homes
- Texroy, TX: equally priced homes
- Thorn Hollow, OR: higher priced homes
- Thornburg, KS: less expensive homes
- Tacoma Park, SD: higher priced homes
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