Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newark area can be challenging. Home prices in Newark are now at a median cost of $188,612, lower than the Texas average of $235,268.
The average cost of rent is $1,133/mo in Newark, primarily driven by the current value of real estate in the Newark area. While nearly 44.60% of residents own their homes outright in Newark, 22.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newark is $6,147 per month. Households that rent pay about 18.44% of their income on rent here. Newark's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Pecan Acres, TX: higher priced homes
- Aurora, TX: higher priced homes
- Rhome, TX: higher priced homes
- Pelican Bay, TX: less expensive homes
- Haslet, TX: higher priced homes
- Briar, TX: higher priced homes
- Boyd, TX: higher priced homes
- Keeter, TX: equally priced homes
- Sanctuary, TX: higher priced homes
- New Fairview, TX: equally priced homes
Cities with Similar Populations
- Akron, PA: equally priced homes
- Allyn, WA: higher priced homes
- Kaneohe Bay, HI: higher priced homes
- Black Hawk, SD: higher priced homes
- Athens, PA: less expensive homes
- Kamas, UT: higher priced homes
- Beauxart Gardens, TX: less expensive homes
- Platteville, CO: higher priced homes
- McArthur, OH: less expensive homes
- Belden, MS: higher priced homes
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