The Most Affordable Neighborhoods in New Miami, OH by Home Value

 

New Miami, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Miami area can be challenging. Home prices in New Miami are now at a median cost of $135,051, lower than the Ohio average of $181,280.

The average cost of rent is $1,234/mo in New Miami, primarily driven by the current value of real estate in the New Miami area. While nearly 39.16% of residents own their homes outright in New Miami, 33.47% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Miami is $5,302 per month. Households that rent pay about 23.28% of their income on rent here. New Miami's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.


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