Home Price Key
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Average
Expensive
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 $110,837, lower than the Iowa average of $182,666.
The average cost of rent is $609/mo in Newell, primarily driven by the current value of real estate in the Newell area. While nearly 46.90% of residents own their homes outright in Newell, 19.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newell is $5,555 per month. Households that rent pay about 10.96% of their income on rent here. Newell's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Sulphur Springs, IA: higher priced homes
- Varina, IA: higher priced homes
- Nemaha, IA: higher priced homes
- Lakeside, IA: higher priced homes
- Juniata, IA: higher priced homes
- Fonda, IA: less expensive homes
- Storm Lake, IA: higher priced homes
- Albert City, IA: less expensive homes
- Truesdale, IA: higher priced homes
- Sac City, IA: less expensive homes
Cities with Similar Populations
- Wattensaw, AR: higher priced homes
- Collins, IA: higher priced homes
- Commiskey, IN: higher priced homes
- Courtland, AL: equally priced homes
- Crawford, NE: equally priced homes
- Creighton, MO: higher priced homes
- Cuba, TN: higher priced homes
- Culbertson, NE: less expensive homes
- Dawley Corners, VA: higher priced homes
- Edenton, OH: higher priced homes
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