Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Pekin area can be challenging. Home prices in New Pekin are now at a median cost of $114,758, lower than the Indiana average of $175,617.
The average cost of rent is $682/mo in New Pekin, primarily driven by the current value of real estate in the New Pekin area. While nearly 44.06% of residents own their homes outright in New Pekin, 29.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Pekin is $4,724 per month. Households that rent pay about 14.45% of their income on rent here. New Pekin's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Pekin, IN: higher priced homes
- South Boston, IN: higher priced homes
- Daisy Hill, IN: higher priced homes
- Borden, IN: higher priced homes
- Canton, IN: higher priced homes
- Salem, IN: higher priced homes
- Palmyra, IN: higher priced homes
- McCol Place, IN: higher priced homes
- New Philadelphia, IN: higher priced homes
- Greenville, IN: higher priced homes
Cities with Similar Populations
- Madison Lake, MN: higher priced homes
- Sharps Chapel, TN: higher priced homes
- Sandy Creek, NY: higher priced homes
- Rosholt, WI: higher priced homes
- Rockaway Beach, MO: equally priced homes
- Ridgely, TN: less expensive homes
- Redkey, IN: less expensive homes
- Ravenna, NE: higher priced homes
- Plainfield, WI: higher priced homes
- Shelter Island, NY: higher priced homes
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