
Home Price Key
These days, finding an affordable place to live in the Newport area can be challenging. Home prices in Newport are now at a median cost of $241,471, lower than the Delaware average of $282,938.
The average cost of rent is $1,150/mo in Newport, primarily driven by the current value of real estate in the Newport area. While nearly 35.06% of residents own their homes outright in Newport, 56.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $5,491 per month. Households that rent pay about 20.94% of their income on rent here. Newport's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Elsmere, DE: less expensive homes
- Wilmington Manor, DE: less expensive homes
- New Castle, DE: less expensive homes
- Wilmington, DE: higher priced homes
- Rockland, DE: higher priced homes
- Hockessin, DE: higher priced homes
- Winterthur, DE: higher priced homes
- Edgemoor, DE: equally priced homes
- Newark, DE: higher priced homes
- Brookside, DE: equally priced homes
Cities with Similar Populations
- Adamsville, OH: less expensive homes
- Ashby, MN: less expensive homes
- Ashland, ME: less expensive homes
- Augusta, MO: higher priced homes
- Baileyville, ME: less expensive homes
- Ballard, UT: less expensive homes
- Barney, GA: less expensive homes
- Baxter, KY: less expensive homes
- Beckemeyer, IL: less expensive homes
- Browntown, WI: less expensive homes
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