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Affordable
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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 $35,708, lower than the Mississippi average of $183,008.
The average cost of rent is $833/mo in Newport, primarily driven by the current value of real estate in the Newport area. In Newport, 11.77% of households rent, and 75.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $5,614 per month. Households that rent pay about 14.84% of their income on rent here. Newport’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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