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 $233,051, higher than the Wisconsin average of $220,185.
The average cost of rent is $1,014/mo in Newark, primarily driven by the current value of real estate in the Newark area. While nearly 41.29% of residents own their homes outright in Newark, 12.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newark is $6,878 per month. Households that rent pay about 14.75% of their income on rent here. Newark's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Shopiere, WI: less expensive homes
- Shirland, IL: equally priced homes
- Christilla Heights, WI: less expensive homes
- Orfordville, WI: less expensive homes
- Hanover, WI: less expensive homes
- Durand, IL: less expensive homes
- Beloit, WI: less expensive homes
- Rockton, IL: less expensive homes
- Afton, WI: less expensive homes
- Footville, WI: less expensive homes
Cities with Similar Populations
- Akron, AL: less expensive homes
- Alba, MI: less expensive homes
- Alcovy, GA: equally priced homes
- Alleman, IA: higher priced homes
- Amboy, MN: less expensive homes
- Antioch, AL: less expensive homes
- Arlington, AZ: less expensive homes
- Arlington Heights, OH: less expensive homes
- Avila Beach, CA: higher priced homes
- Belle Terre, NY: higher priced homes
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