Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newmans area can be challenging. Home prices in Newmans are now at a median cost of $170,819, higher than the Mississippi average of $145,564.
The average cost of rent is $813/mo in Newmans, primarily driven by the current value of real estate in the Newmans area. While nearly 61.54% of residents own their homes outright in Newmans, 11.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newmans is $5,456 per month. Households that rent pay about 14.89% of their income on rent here. Newmans's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
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Cities with Similar Populations
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