Home Price Key
Affordable
Average
Expensive
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 $166,209, lower than the Illinois average of $242,002.
The average cost of rent is $648/mo in Newburg, primarily driven by the current value of real estate in the Newburg area. While nearly 48.81% of residents own their homes outright in Newburg, 6.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newburg is $6,207 per month. Households that rent pay about 10.43% of their income on rent here. Newburg's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Argenta, IL: less expensive homes
- Cisco, IL: higher priced homes
- Oreana, IL: less expensive homes
- Milmine, IL: equally priced homes
- Oakley, IL: equally priced homes
- Cerro Gordo, IL: less expensive homes
- Weldon, IL: less expensive homes
- Maroa, IL: less expensive homes
- Forsyth, IL: higher priced homes
- Lane, IL: less expensive homes
Cities with Similar Populations
- Virginia City, MT: higher priced homes
- Walker, KS: equally priced homes
- Walker, AR: less expensive homes
- Wales, IA: higher priced homes
- Wades Point, NC: higher priced homes
- Wabbaseka, AR: less expensive homes
- Wabasso, FL: higher priced homes
- Vorden, CA: higher priced homes
- Vixen, LA: less expensive homes
- Walkertown, TN: less expensive homes
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