The Most Affordable Neighborhoods in New Town, GA by Home Value

 

New Town, GA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Town area can be challenging. Home prices in New Town are now at a median cost of $149,159, lower than the Georgia average of $324,634.

The average cost of rent is $870/mo in New Town, primarily driven by the current value of real estate in the New Town area. In New Town, 39.32% of households rent, and 51.91% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Town is $4,766 per month. Households that rent pay about 18.25% of their income on rent here. New Town’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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