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These days, finding an affordable place to live in the Newman area can be challenging. Home prices in Newman are now at a median cost of $181,197, lower than the Kansas average of $243,949.
The average cost of rent is $1,078/mo in Newman, primarily driven by the current value of real estate in the Newman area. In Newman, 6.75% of households rent, and 44.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newman is $6,300 per month. Households that rent pay about 17.11% of their income on rent here. Newman’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grantville, KS: equally priced homes
- Lecompton, KS: higher priced homes
- Perry, KS: higher priced homes
- Thompsonville, KS: higher priced homes
- Tecumseh, KS: higher priced homes
- Stull, KS: higher priced homes
- Meriden, KS: higher priced homes
- Williamstown, KS: higher priced homes
- Ozawkie, KS: higher priced homes
- Oskaloosa, KS: higher priced homes
Cities with Similar Populations
- Farwell, PA: less expensive homes
- Garland City, AR: equally priced homes
- Garfield Center, KS: less expensive homes
- Gardner, MI: less expensive homes
- Furnessville, IN: higher priced homes
- Froelich, IA: equally priced homes
- Fort Adams, MS: less expensive homes
- Forsyth, NY: less expensive homes
- Flomot, TX: less expensive homes
- Flat Rock, KY: less expensive homes
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