The Most Affordable Neighborhoods in Newberne, WV by Home Value

 

Newberne, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Newberne area can be challenging. Home prices in Newberne are now at a median cost of $75,579, lower than the West Virginia average of $177,366.

The average cost of rent is $590/mo in Newberne, primarily driven by the current value of real estate in the Newberne area. In Newberne, 16.24% of households rent, and 55.83% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Newberne is $4,287 per month. Households that rent pay about 13.75% of their income on rent here. Newberne’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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