Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newberg area can be challenging. Home prices in Newberg are now at a median cost of $424,297, higher than the Oregon average of $365,363.
The average cost of rent is $1,565/mo in Newberg, primarily driven by the current value of real estate in the Newberg area. While nearly 23.72% of residents own their homes outright in Newberg, 29.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newberg is $7,580 per month. Households that rent pay about 20.65% of their income on rent here. Newberg's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Springbrook, OR: higher priced homes
- Dundee, OR: equally priced homes
- Sunnycrest, OR: higher priced homes
- Sherwood, OR: higher priced homes
- St. Paul, OR: equally priced homes
- Laurel, OR: higher priced homes
- Butteville, OR: higher priced homes
- Lafayette, OR: less expensive homes
- Donald, OR: less expensive homes
- Scholls, OR: higher priced homes
Cities with Similar Populations
- Livingston, NJ: higher priced homes
- Raytown, MO: less expensive homes
- Orchard Park, NY: less expensive homes
- North Andover, MA: higher priced homes
- Norfolk, NE: less expensive homes
- Newtown, PA: higher priced homes
- New City, NY: higher priced homes
- Needham, MA: higher priced homes
- Mount Dora, FL: less expensive homes
- Mercedes, TX: less expensive homes
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