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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 $274,815, higher than the Missouri average of $246,641.
The average cost of rent is $587/mo in Newport, primarily driven by the current value of real estate in the Newport area. In Newport, 16.34% of households rent, and 51.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $5,101 per month. Households that rent pay about 11.50% of their income on rent here. Newport’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sylvania, MO: less expensive homes
- Kenoma, MO: equally priced homes
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- Irwin, MO: less expensive homes
- Osiris, MO: less expensive homes
- Sheldon, MO: less expensive homes
- Arcola, MO: less expensive homes
Cities with Similar Populations
- Zevely, WV: less expensive homes
- Brocton, IL: less expensive homes
- Broadway, NJ: higher priced homes
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- Wood Springs, TX: less expensive homes
- Woodland Mills, TN: less expensive homes
- Wylliesburg, VA: less expensive homes
- Amiret, MN: less expensive homes
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