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

 

New Philadelphia, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Philadelphia area can be challenging. Home prices in New Philadelphia are now at a median cost of $159,405, lower than the Ohio average of $181,280.

The average cost of rent is $804/mo in New Philadelphia, primarily driven by the current value of real estate in the New Philadelphia area. While nearly 46.83% of residents own their homes outright in New Philadelphia, 27.52% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Philadelphia is $4,922 per month. Households that rent pay about 16.32% of their income on rent here. New Philadelphia's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.


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