Home Price Key
Affordable
Average
Expensive
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 $111,796, lower than the Alabama average of $185,232.
The average cost of rent is $726/mo in Newbern, primarily driven by the current value of real estate in the Newbern area. While nearly 78.03% of residents own their homes outright in Newbern, 13.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newbern is $2,797 per month. Households that rent pay about 25.95% of their income on rent here. Newbern's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Greensboro, AL: less expensive homes
- Prairieville, AL: equally priced homes
- Marion, AL: less expensive homes
- Sawyerville, AL: less expensive homes
- Hamburg, AL: equally priced homes
- Sprott, AL: less expensive homes
- Forkland, AL: less expensive homes
- Demopolis, AL: higher priced homes
- Suttle, AL: less expensive homes
- Levert, AL: less expensive 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: equally priced homes
- Agra, OK: higher priced homes
- Holland, AR: higher priced homes
- Hobbsville, NC: higher priced homes
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