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 $464,300, higher than the Maryland average of $357,815.
The average cost of rent is $1,325/mo in Newport, primarily driven by the current value of real estate in the Newport area. While nearly 19.75% of residents own their homes outright in Newport, 2.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $12,564 per month. Households that rent pay about 10.55% of their income on rent here. Newport's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Wicomico, MD: less expensive homes
- Faulkner, MD: equally priced homes
- Ryceville, MD: less expensive homes
- Popes Creek, MD: less expensive homes
- Bel Alton, MD: less expensive homes
- Charlotte Hall, MD: less expensive homes
- Newburg, MD: less expensive homes
- Mount Victoria, MD: less expensive homes
- Bryantown, MD: equally priced homes
- La Plata, MD: less expensive homes
Cities with Similar Populations
- Excelsior, WI: less expensive homes
- Upper Brandon, VA: less expensive homes
- Unionville, OH: less expensive homes
- Unionvale, OH: less expensive homes
- Folletts, IA: less expensive homes
- Fernwood, OR: less expensive homes
- Felty, KY: less expensive homes
- Feesburg, OH: less expensive homes
- Fedora, SD: less expensive homes
- Fayette, MI: less expensive homes
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