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These days, finding an affordable place to live in the Newman Grove area can be challenging. Home prices in Newman Grove are now at a median cost of $158,489, lower than the Nebraska average of $252,353.
The average cost of rent is $828/mo in Newman Grove, primarily driven by the current value of real estate in the Newman Grove area. In Newman Grove, 22.76% of households rent, and 61.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newman Grove is $5,348 per month. Households that rent pay about 15.49% of their income on rent here. Newman Grove’s most expensive areas are in the western 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
- Lindsay, NE: higher priced homes
- St. Bernard, NE: higher priced homes
- Rosenburg, NE: higher priced homes
- Boone, NE: higher priced homes
- Cornlea, NE: higher priced homes
- Albion, NE: higher priced homes
- Loretto, NE: higher priced homes
- St. Edward, NE: less expensive homes
- Raeville, NE: equally priced homes
- Humphrey, NE: higher priced homes
Cities with Similar Populations
- Bow Mar, CO: higher priced homes
- Walnut Grove, MN: less expensive homes
- Caulfield, MO: less expensive homes
- Wessington Springs, SD: less expensive homes
- White Deer, TX: equally priced homes
- Canyon City, OR: higher priced homes
- Wigginsville, TX: higher priced homes
- Callicoon, NY: higher priced homes
- Bunger, TX: higher priced homes
- Witt, IL: less expensive homes
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