Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newburgh area can be challenging. Home prices in Newburgh are now at a median cost of $218,125, higher than the Indiana average of $175,617.
The average cost of rent is $1,117/mo in Newburgh, primarily driven by the current value of real estate in the Newburgh area. While nearly 32.17% of residents own their homes outright in Newburgh, 18.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newburgh is $7,838 per month. Households that rent pay about 14.25% of their income on rent here. Newburgh's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Stevenson, IN: less expensive homes
- Chandler, IN: less expensive homes
- Yankeetown, IN: equally priced homes
- Red Bush, IN: less expensive homes
- Reed, KY: less expensive homes
- Boonville, IN: less expensive homes
- Evansville, IN: less expensive homes
- Spottsville, KY: less expensive homes
- Bullocktown, IN: less expensive homes
- Hatfield, IN: less expensive homes
Cities with Similar Populations
- South Lyon, MI: higher priced homes
- Franklin, WI: higher priced homes
- Gahanna, OH: equally priced homes
- Grass Valley, CA: higher priced homes
- Holiday, FL: less expensive homes
- Holyoke, MA: less expensive homes
- Hopkinsville, KY: less expensive homes
- Indian Trail, NC: higher priced homes
- Irmo, SC: equally priced homes
- Jamestown, NY: less expensive homes
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