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These days, finding an affordable place to live in the Newbury area can be challenging. Home prices in Newbury are now at a median cost of $301,141, higher than the Ohio average of $236,816.
The average cost of rent is $897/mo in Newbury, primarily driven by the current value of real estate in the Newbury area. In Newbury, 3.89% of households rent, and 40.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newbury is $9,374 per month. Households that rent pay about 9.56% of their income on rent here. Newbury’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Burton Lake, OH: less expensive homes
- Fowlers Mill, OH: higher priced homes
- Burton, OH: less expensive homes
- Novelty, OH: higher priced homes
- South Russell, OH: higher priced homes
- Chagrin Falls, OH: higher priced homes
- South Newbury, OH: equally priced homes
- Chesterland, OH: higher priced homes
- Aquilla, OH: less expensive homes
- Welshfield, OH: less expensive homes
Cities with Similar Populations
- Byfield, MA: higher priced homes
- Providence, KY: less expensive homes
- Osakis, MN: less expensive homes
- Munising, MI: less expensive homes
- Mayer, MN: higher priced homes
- Kingsville, MO: less expensive homes
- Kings Beach, CA: higher priced homes
- Hustonville, KY: less expensive homes
- Homer, GA: equally priced homes
- Drumright, OK: less expensive homes
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