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These days, finding an affordable place to live in the Newburg area can be challenging. Home prices in Newburg are now at a median cost of $239,280, higher than the Iowa average of $226,062.
The average cost of rent is $1,120/mo in Newburg, primarily driven by the current value of real estate in the Newburg area. In Newburg, 19.28% of households rent, and 45.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newburg is $8,598 per month. Households that rent pay about 13.03% of their income on rent here. Newburg’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grinnell, IA: equally priced homes
- Gilman, IA: less expensive homes
- Oakland Acres, IA: equally priced homes
- Sheridan, IA: equally priced homes
- Kellogg, IA: less expensive homes
- Laurel, IA: less expensive homes
- Ferguson, IA: less expensive homes
- Malcom, IA: less expensive homes
- Montour, IA: less expensive homes
- Le Grand, IA: less expensive homes
Cities with Similar Populations
- Camak, GA: less expensive homes
- Walsh, IL: less expensive homes
- Weld, ME: less expensive homes
- Champion, NY: equally priced homes
- Centre Island, NY: higher priced homes
- Cave, MO: higher priced homes
- Cave In Rock, IL: less expensive homes
- Cash, AR: less expensive homes
- Casa Blanco, FL: higher priced homes
- Carrier, OK: higher priced homes
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