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 $155,307, lower than the New Jersey average of $388,929.
The average cost of rent is $1,162/mo in Newport, primarily driven by the current value of real estate in the Newport area. While nearly 53.67% of residents own their homes outright in Newport, 11.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $4,681 per month. Households that rent pay about 24.82% of their income on rent here. Newport's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Turkey Point Corner, NJ: equally priced homes
- Fortescue, NJ: equally priced homes
- Cedarville, NJ: equally priced homes
- Centre Grove, NJ: higher priced homes
- Dividing Creek, NJ: equally priced homes
- Fairton, NJ: equally priced homes
- Sea Breeze, NJ: equally priced homes
- Port Norris, NJ: equally priced homes
- Laurel Lake, NJ: less expensive homes
- Gouldtown, NJ: higher priced homes
Cities with Similar Populations
- White Sulphur, KY: higher priced homes
- Bowmansville, PA: higher priced homes
- Brier Hill, NY: equally priced homes
- Buchtel, OH: less expensive homes
- Byers, TX: less expensive homes
- Cabell, KY: less expensive homes
- Caton, NY: equally priced homes
- Chana, IL: higher priced homes
- Weston, VT: higher priced homes
- Wheeling, MO: equally priced homes
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