Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newberry area can be challenging. Home prices in Newberry are now at a median cost of $86,811, lower than the Michigan average of $196,062.
The average cost of rent is $773/mo in Newberry, primarily driven by the current value of real estate in the Newberry area. While nearly 52.34% of residents own their homes outright in Newberry, 27.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newberry is $3,995 per month. Households that rent pay about 19.35% of their income on rent here. Newberry's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Dollarville, MI: higher priced homes
- Fourmile Corner, MI: higher priced homes
- Roberts Corners, MI: higher priced homes
- McLeods Corner, MI: higher priced homes
- Mc Millan, MI: higher priced homes
- Curtis, MI: higher priced homes
- Engadine, MI: higher priced homes
- Pine Stump Junction, MI: higher priced homes
- Gilchrist, MI: higher priced homes
- Hulbert, MI: higher priced homes
Cities with Similar Populations
- Rockwell City, IA: equally priced homes
- Lake Success, NY: higher priced homes
- Lake View, AL: higher priced homes
- Lakeview Heights, KY: higher priced homes
- Albrightsville, PA: higher priced homes
- Loma, CO: higher priced homes
- New Bloomfield, PA: higher priced homes
- Osceola Mills, PA: higher priced homes
- Peachland, NC: higher priced homes
- Pocono Lake, PA: higher priced homes
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