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These days, finding an affordable place to live in the New Washington area can be challenging. Home prices in New Washington are now at a median cost of $233,886, higher than the Indiana average of $232,932.
The average cost of rent is $1,068/mo in New Washington, primarily driven by the current value of real estate in the New Washington area. In New Washington, 18.29% of households rent, and 39.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Washington is $6,440 per month. Households that rent pay about 16.58% of their income on rent here. New Washington’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Otto, IN: less expensive homes
- Nabb, IN: less expensive homes
- Paynesville, IN: less expensive homes
- Marysville, IN: equally priced homes
- Westport, KY: higher priced homes
- Saluda, IN: less expensive homes
- Wises Landing, KY: less expensive homes
- Rolling Hills, IN: equally priced homes
- Chelsea, IN: less expensive homes
- Otisco, IN: equally priced homes
Cities with Similar Populations
- Ashfield, MA: higher priced homes
- Audubon Park, NJ: less expensive homes
- Avon, SD: less expensive homes
- Bancroft, NE: less expensive homes
- Bancroft, WI: equally priced homes
- Woodhull, IL: less expensive homes
- Bartlett, NH: higher priced homes
- Barton, MD: less expensive homes
- Phillipsville, PA: equally priced homes
- Red Feather Lakes, CO: higher priced homes
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