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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 $282,890, lower than the North Carolina average of $323,314.
The average cost of rent is $1,099/mo in Newport, primarily driven by the current value of real estate in the Newport area. In Newport, 23.50% of households rent, and 39.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $6,300 per month. Households that rent pay about 17.44% of their income on rent here. Newport’s most expensive areas are in the southwestern 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
- Broad Creek, NC: less expensive homes
- Indian Beach, NC: higher priced homes
- Salter Path, NC: higher priced homes
- Mansfield, NC: higher priced homes
- Pine Knoll Shores, NC: higher priced homes
- Morehead City, NC: higher priced homes
- Mill Creek, NC: equally priced homes
- Havelock, NC: less expensive homes
- Bogue, NC: higher priced homes
- Atlantic Beach, NC: higher priced homes
Cities with Similar Populations
- Santa Rosa Beach, FL: higher priced homes
- Forest City, NC: less expensive homes
- Forest Lake, MN: higher priced homes
- Forest Park, OH: less expensive homes
- Fulton, MO: less expensive homes
- Gaston, SC: less expensive homes
- Salinas, PR: less expensive homes
- Sandy, OR: higher priced homes
- Santa Fe Springs, CA: higher priced homes
- Fillmore, CA: higher priced homes
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