Home Price Key
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These days, finding an affordable place to live in the New London area can be challenging. Home prices in New London are now at a median cost of $202,153, lower than the Washington average of $453,663.
The average cost of rent is $887/mo in New London, primarily driven by the current value of real estate in the New London area. While nearly 56.68% of residents own their homes outright in New London, 21.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in New London is $5,029 per month. Households that rent pay about 17.63% of their income on rent here. New London's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Grays Harbor City, WA: less expensive homes
- Hoquiam, WA: less expensive homes
- Newton, WA: equally priced homes
- Woodlawn, WA: less expensive homes
- Nisson, WA: higher priced homes
- Aberdeen, WA: equally priced homes
- Markham, WA: higher priced homes
- Oyhut, WA: equally priced homes
- Aberdeen Gardens, WA: higher priced homes
- Copalis Crossing, WA: less expensive homes
Cities with Similar Populations
- Edmonson, TX: less expensive homes
- Dundee Village, MD: higher priced homes
- Dunnell, MN: less expensive homes
- Wood, VA: less expensive homes
- Eagletown, NC: less expensive homes
- East Arlington, VT: equally priced homes
- East Boxford, MA: higher priced homes
- Wishram, WA: equally priced homes
- Winnett, MT: less expensive homes
- Winkle, IL: less expensive homes
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