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

 

New Springfield, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Springfield area can be challenging. Home prices in New Springfield are now at a median cost of $136,235, lower than the Ohio average of $181,280.

The average cost of rent is $730/mo in New Springfield, primarily driven by the current value of real estate in the New Springfield area. While nearly 43.66% of residents own their homes outright in New Springfield, 10.89% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Springfield is $4,209 per month. Households that rent pay about 17.33% of their income on rent here. New Springfield's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.


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