Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Lima area can be challenging. Home prices in New Lima are now at a median cost of $86,274, lower than the Oklahoma average of $161,319.
The average cost of rent is $590/mo in New Lima, primarily driven by the current value of real estate in the New Lima area. While nearly 61.38% of residents own their homes outright in New Lima, 10.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Lima is $4,601 per month. Households that rent pay about 12.81% of their income on rent here. New Lima's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lima, OK: less expensive homes
- Yeager, OK: higher priced homes
- Wewoka, OK: less expensive homes
- Dixon, OK: equally priced homes
- Seminole, OK: equally priced homes
- Bowlegs, OK: equally priced homes
- Cromwell, OK: equally priced homes
- Maud, OK: equally priced homes
- Schoolton, OK: higher priced homes
- Bearden, OK: higher priced homes
Cities with Similar Populations
- Farmers Valley, PA: equally priced homes
- Tinnie, NM: higher priced homes
- Tilly, AR: higher priced homes
- Tilden, IN: higher priced homes
- Ticknor, GA: equally priced homes
- Thurston, AL: higher priced homes
- Flitners Corner, WY: higher priced homes
- Flintstone, PA: higher priced homes
- Flinderation, WV: higher priced homes
- Fields, OH: higher priced homes
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