
Home Price Key
These days, finding an affordable place to live in the Newell area can be challenging. Home prices in Newell are now at a median cost of $135,355, lower than the Arkansas average of $160,541.
The average cost of rent is $816/mo in Newell, primarily driven by the current value of real estate in the Newell area. While nearly 72.58% of residents own their homes outright in Newell, 5.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newell is $6,356 per month. Households that rent pay about 12.84% of their income on rent here. Newell's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
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