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These days, finding an affordable place to live in the Newcastle area can be challenging. Home prices in Newcastle are now at a median cost of $294,558, higher than the Oklahoma average of $210,566.
The average cost of rent is $1,176/mo in Newcastle, primarily driven by the current value of real estate in the Newcastle area. In Newcastle, 17.67% of households rent, and 32.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newcastle is $7,285 per month. Households that rent pay about 16.15% of their income on rent here. Newcastle’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bridge Creek, OK: less expensive homes
- Blanchard, OK: equally priced homes
- Tuttle, OK: equally priced homes
- Moore, OK: less expensive homes
- Norman, OK: less expensive homes
- Goldsby, OK: higher priced homes
- Mustang, OK: equally priced homes
- Amber, OK: less expensive homes
- Noble, OK: less expensive homes
- Slaughterville, OK: less expensive homes
Cities with Similar Populations
- Thurmont, MD: higher priced homes
- College, AK: equally priced homes
- Colts Neck, NJ: higher priced homes
- Commerce, TX: less expensive homes
- Coral Hills, MD: higher priced homes
- Corte Madera, CA: higher priced homes
- Coventry, CT: higher priced homes
- Creswell, OR: higher priced homes
- Cross Lanes, WV: less expensive homes
- Croydon, PA: equally priced homes
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