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These days, finding an affordable place to live in the Newbern area can be challenging. Home prices in Newbern are now at a median cost of $111,611, lower than the Alabama average of $228,911.
The average cost of rent is $629/mo in Newbern, primarily driven by the current value of real estate in the Newbern area. In Newbern, 10.42% of households rent, and 79.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newbern is $3,304 per month. Households that rent pay about 19.03% of their income on rent here. Newbern’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Greensboro, AL: higher priced homes
- Prairieville, AL: higher priced homes
- Marion, AL: higher priced homes
- Sawyerville, AL: less expensive homes
- Hamburg, AL: less expensive homes
- Sprott, AL: equally priced homes
- Forkland, AL: equally priced homes
- Demopolis, AL: higher priced homes
- Suttle, AL: higher priced homes
- Levert, AL: higher priced homes
Cities with Similar Populations
- Granger, OH: higher priced homes
- McLain, MS: less expensive homes
- Maugansville, MD: higher priced homes
- Kirksey, KY: higher priced homes
- Jonestown, MS: less expensive homes
- Joliet, MT: higher priced homes
- Improve, MS: higher priced homes
- Agra, OK: higher priced homes
- Holland, AR: higher priced homes
- Hobbsville, NC: higher priced homes
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