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These days, finding an affordable place to live in the Newhouse area can be challenging. Home prices in Newhouse are now at a median cost of $194,150, lower than the Minnesota average of $345,793.
The average cost of rent is $1,460/mo in Newhouse, primarily driven by the current value of real estate in the Newhouse area. In Newhouse, 20.09% of households rent, and 51.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newhouse is $5,163 per month. Households that rent pay about 28.28% of their income on rent here. Newhouse’s most expensive areas are in the northwestern 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
- Highlandville, IA: higher priced homes
- Spring Grove, MN: equally priced homes
- Mabel, MN: less expensive homes
- Riceford, MN: higher priced homes
- Burr Oak, IA: higher priced homes
- Hesper, IA: higher priced homes
- Wilmington, MN: equally priced homes
- Newburg, MN: higher priced homes
- Locust, IA: higher priced homes
- Sattre, IA: higher priced homes
Cities with Similar Populations
- Fentress, MS: less expensive homes
- Ford City, MO: less expensive homes
- Folsom, NM: less expensive homes
- Florey, TX: higher priced homes
- Florenceville, IA: less expensive homes
- Fletchers Landing, ME: equally priced homes
- Flat, MO: less expensive homes
- Five Corners, NY: less expensive homes
- Fiscus, IA: equally priced homes
- Finney, KY: higher priced homes
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