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These days, finding an affordable place to live in the Newport News area can be challenging. Home prices in Newport News are now at a median cost of $246,677, lower than the Virginia average of $443,089.
The average cost of rent is $1,428/mo in Newport News, primarily driven by the current value of real estate in the Newport News area. In Newport News, 51.98% of households rent, and 30.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newport News is $6,000 per month. Households that rent pay about 23.80% of their income on rent here. Newport News’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Yorktown, VA: higher priced homes
- Fort Eustis, VA: equally priced homes
- Poquoson, VA: higher priced homes
- Hampton, VA: equally priced homes
- Seaford, VA: higher priced homes
- Lawson, VA: higher priced homes
- Carrollton, VA: higher priced homes
- Smithfield, VA: higher priced homes
- Rushmere, VA: higher priced homes
- Fort Monroe, VA: equally priced homes
Cities with Similar Populations
- South Gate, CA: higher priced homes
- Simpsonville, SC: higher priced homes
- Snellville, GA: higher priced homes
- Somerville, MA: higher priced homes
- Sioux Falls, SD: higher priced homes
- Smyrna, GA: higher priced homes
- Sioux City, IA: less expensive homes
- Simi Valley, CA: higher priced homes
- Slidell, LA: equally priced homes
- Redmond, WA: higher priced homes
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