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

 

New Town, ND 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 $175,372, lower than the North Dakota average of $223,566.

The average cost of rent is $795/mo in New Town, primarily driven by the current value of real estate in the New Town area. While nearly 76.07% of residents own their homes outright in New Town, 46.71% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Town is $5,686 per month. Households that rent pay about 13.98% of their income on rent here. New Town's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.


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