Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newmans Grove area can be challenging. Home prices in Newmans Grove are now at a median cost of $189,882, higher than the Mississippi average of $145,564.
The average cost of rent is $1,063/mo in Newmans Grove, primarily driven by the current value of real estate in the Newmans Grove area. While nearly 37.97% of residents own their homes outright in Newmans Grove, 11.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newmans Grove is $5,505 per month. Households that rent pay about 19.31% of their income on rent here. Newmans Grove's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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