The Most Affordable Neighborhoods in New Meadows, ID by Home Value

 

New Meadows, ID Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Meadows area can be challenging. Home prices in New Meadows are now at a median cost of $347,854, higher than the Idaho average of $281,471.

The average cost of rent is $819/mo in New Meadows, primarily driven by the current value of real estate in the New Meadows area. While nearly 50.76% of residents own their homes outright in New Meadows, 15.10% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Meadows is $5,532 per month. Households that rent pay about 14.81% of their income on rent here. New Meadows's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.


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