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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 $185,680, lower than the New York average of $610,895.
The average cost of rent is $869/mo in Newport, primarily driven by the current value of real estate in the Newport area. In Newport, 14.43% of households rent, and 48.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $6,859 per month. Households that rent pay about 12.68% of their income on rent here. Newport’s most expensive areas are in the southwestern 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
- Norway, NY: less expensive homes
- Poland, NY: higher priced homes
- Middleville, NY: equally priced homes
- Gray, NY: equally priced homes
- North Gage, NY: higher priced homes
- Cold Brook, NY: higher priced homes
- West Schuyler, NY: less expensive homes
- East Schuyler, NY: less expensive homes
- Ohio, NY: higher priced homes
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Cities with Similar Populations
- Applegate, CA: higher priced homes
- Winona, MO: less expensive homes
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- Waldron, IN: higher priced homes
- Valley Grove, WV: less expensive homes
- Thorn Hill, TN: less expensive homes
- Clarksville, IA: less expensive homes
- Chase, MI: less expensive homes
- Castorland, NY: equally priced homes
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