Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Paris area can be challenging. Home prices in New Paris are now at a median cost of $211,458, higher than the Indiana average of $175,617.
The average cost of rent is $734/mo in New Paris, primarily driven by the current value of real estate in the New Paris area. While nearly 24.76% of residents own their homes outright in New Paris, 8.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Paris is $7,454 per month. Households that rent pay about 9.85% of their income on rent here. New Paris's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Milford Junction, IN: equally priced homes
- Indian Village, IN: less expensive homes
- Foraker, IN: higher priced homes
- Waterford Mills, IN: less expensive homes
- Midway, IN: higher priced homes
- Milford, IN: less expensive homes
- Goshen, IN: less expensive homes
- Syracuse, IN: higher priced homes
- Southwest, IN: higher priced homes
- Millersburg, IN: higher priced homes
Cities with Similar Populations
- Annetta, TX: higher priced homes
- Conklin, NY: less expensive homes
- Lima, NY: less expensive homes
- Gaston, OR: higher priced homes
- Indian Rocks Beach, FL: higher priced homes
- Steelville, MO: less expensive homes
- Pittsfield, ME: less expensive homes
- Port Vincent, LA: higher priced homes
- Rice, TX: less expensive homes
- Rose Hill, NC: less expensive homes
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