Home Price Key
Affordable
Average
Expensive
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 $173,901, higher than the Kentucky average of $164,895.
The average cost of rent is $886/mo in Newport, primarily driven by the current value of real estate in the Newport area. While nearly 35.01% of residents own their homes outright in Newport, 42.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $5,229 per month. Households that rent pay about 16.95% of their income on rent here. Newport's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Southgate, KY: less expensive homes
- Fort Thomas, KY: higher priced homes
- Covington, KY: equally priced homes
- Bellevue, KY: equally priced homes
- Wilder, KY: higher priced homes
- Dayton, KY: equally priced homes
- Kenton Vale, KY: less expensive homes
- Park Hills, KY: higher priced homes
- Highland Heights, KY: less expensive homes
- Fort Wright, KY: higher priced homes
Cities with Similar Populations
- Russellville, AL: less expensive homes
- Coshocton, OH: less expensive homes
- Cottage Grove, OR: higher priced homes
- Country Club Hills, IL: less expensive homes
- Country Walk, FL: higher priced homes
- DeSoto, MO: equally priced homes
- Dexter, MI: higher priced homes
- Douglassville, PA: higher priced homes
- Easthampton, MA: higher priced homes
- El Segundo, CA: higher priced homes
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