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These days, finding an affordable place to live in the New Leipzig area can be challenging. Home prices in New Leipzig are now at a median cost of $98,722, lower than the North Dakota average of $273,535.
The average cost of rent is $733/mo in New Leipzig, primarily driven by the current value of real estate in the New Leipzig area. In New Leipzig, 13.19% of households rent, and 71.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Leipzig is $5,438 per month. Households that rent pay about 13.48% of their income on rent here. New Leipzig’s most expensive areas are in the southern 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
- Elgin, ND: equally priced homes
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- North Lemmon, ND: higher priced homes
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