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

 

New Petersburg, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Petersburg area can be challenging. Home prices in New Petersburg are now at a median cost of $133,730, lower than the Ohio average of $181,280.

The average cost of rent is $750/mo in New Petersburg, primarily driven by the current value of real estate in the New Petersburg area. While nearly 24.33% of residents own their homes outright in New Petersburg, 10.73% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Petersburg is $6,776 per month. Households that rent pay about 11.06% of their income on rent here. New Petersburg's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.


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