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 $171,072, lower than the Maine average of $243,042.
The average cost of rent is $817/mo in Newport, primarily driven by the current value of real estate in the Newport area. While nearly 41.66% of residents own their homes outright in Newport, 21.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $4,655 per month. Households that rent pay about 17.55% of their income on rent here. Newport's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- East Newport, ME: less expensive homes
- Palmyra, ME: less expensive homes
- Detroit, ME: less expensive homes
- Plymouth, ME: less expensive homes
- North Newport, ME: less expensive homes
- Stetson, ME: equally priced homes
- Etna, ME: less expensive homes
- Corinna, ME: less expensive homes
- Pittsfield, ME: less expensive homes
- West Palmyra, ME: less expensive homes
Cities with Similar Populations
- Round Lake Heights, IL: higher priced homes
- Montezuma, IA: higher priced homes
- Moretown, VT: higher priced homes
- Mount Crawford, VA: higher priced homes
- Annville, KY: less expensive homes
- New Cordell, OK: less expensive homes
- North High Shoals, GA: higher priced homes
- Pylesville, MD: higher priced homes
- Rio Vista, TX: less expensive homes
- Rockport, ME: higher priced homes
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