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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 $125,151, lower than the Ohio average of $236,816.
The average cost of rent is $816/mo in Newport, primarily driven by the current value of real estate in the Newport area. In Newport, 34.30% of households rent, and 50.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $5,316 per month. Households that rent pay about 15.35% of their income on rent here. Newport’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Uhrichsville, OH: equally priced homes
- Riverside Park, OH: less expensive homes
- Gnadenhutten, OH: higher priced homes
- Dennison, OH: higher priced homes
- Tuscarawas, OH: higher priced homes
- Tippecanoe, OH: higher priced homes
- Midvale, OH: equally priced homes
- Lock Seventeen, OH: higher priced homes
- Barnhill, OH: less expensive homes
- Port Washington, OH: higher priced homes
Cities with Similar Populations
- Dot, KY: higher priced homes
- Washburn, AR: higher priced homes
- Wasepi, MI: higher priced homes
- Warm Springs, AR: less expensive homes
- Ware, IL: equally priced homes
- Walters, MN: higher priced homes
- Wadesboro, LA: higher priced homes
- Vinland, KS: higher priced homes
- Vining, IA: higher priced homes
- Washington, MA: higher priced homes
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