Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Village area can be challenging. Home prices in New Village are now at a median cost of $357,528, lower than the New River average of $448,240.
The average cost of rent is $1,800/mo in New Village, primarily driven by the current value of real estate in the New Village area. While nearly 32.78% of residents own their homes outright in New Village, 21.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Village is $8,392 per month. Households that rent pay about 21.45% of their income on rent here. New Village's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- North Gateway, Phoenix, AZ: higher priced homes
- Desert Hills, Cave Creek, AZ: higher priced homes
- Vistancia, Peoria, AZ: higher priced homes
- Desert View, Phoenix, AZ: higher priced homes
- Camino Lago, Phoenix, AZ: higher priced homes
- Deer Valley, Phoenix, AZ: less expensive homes
- Pinnacle Peak, Scottsdale, AZ: higher priced homes
- Ventana Lakes, Peoria, AZ: less expensive homes
- Peacock Village, Peoria, AZ: less expensive homes
- Cactus Gale, Glendale, AZ: less expensive homes
Neighborhoods with Similar Populations
- College Hills, San Angelo, TX: less expensive homes
- Downtown Phoenix, Phoenix, AZ: less expensive homes
- Downtown Village of Holly, Holly, MI: less expensive homes
- East Carollton, New Orleans, LA: higher priced homes
- Sunset Hills, Pittsburgh, PA: less expensive homes
- North Trenton, Trenton, NJ: less expensive homes
- Oak Park, Des Moines, IA: less expensive homes
- Parkway, Albuquerque, NM: less expensive homes
- Pioneer Park, Des Moines, IA: less expensive homes
- Pleasant Acres, New Milford, NJ: higher priced homes
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