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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 $325,835, lower than the New York average of $610,895.
The average cost of rent is $1,736/mo in Newburgh, primarily driven by the current value of real estate in the Newburgh area. In Newburgh, 49.21% of households rent, and 40.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newburgh is $7,079 per month. Households that rent pay about 24.53% of their income on rent here. Newburgh’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Orange Lake, NY: higher priced homes
- Beacon, NY: higher priced homes
- East Coldenham, NY: higher priced homes
- New Windsor, NY: higher priced homes
- Cornwall On Hudson, NY: higher priced homes
- Cornwall, NY: higher priced homes
- Coldenham, NY: higher priced homes
- St. Andrew, NY: higher priced homes
- Marlboro, NY: higher priced homes
- Rock Tavern, NY: higher priced homes
Cities with Similar Populations
- Coatesville, PA: equally priced homes
- Owasso, OK: less expensive homes
- Fairfield, OH: less expensive homes
- Alvin, TX: less expensive homes
- Prattville, AL: less expensive homes
- Woodland Hills, CA: higher priced homes
- Downingtown, PA: higher priced homes
- Donna, TX: less expensive homes
- Cuyahoga Falls, OH: less expensive homes
- Converse, TX: less expensive homes
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