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 $123,773, lower than the Tennessee average of $218,916.
The average cost of rent is $736/mo in Newport, primarily driven by the current value of real estate in the Newport area. While nearly 54.26% of residents own their homes outright in Newport, 37.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $3,310 per month. Households that rent pay about 22.24% of their income on rent here. Newport's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Gum Spring, TN: less expensive homes
- Clevenger, TN: less expensive homes
- Carson Spring, TN: less expensive homes
- Rankin, TN: less expensive homes
- Edwina, TN: equally priced homes
- Swannsylvania, TN: higher priced homes
- Baneberry, TN: higher priced homes
- Fowler Grove, TN: equally priced homes
- Parrottsville, TN: higher priced homes
- Bybee, TN: equally priced homes
Cities with Similar Populations
- Florida Ridge, FL: higher priced homes
- Evergreen Park, IL: higher priced homes
- Exeter, NH: higher priced homes
- Fairwood, WA: higher priced homes
- Fayetteville, TN: higher priced homes
- Ferndale, MI: higher priced homes
- Five Corners, WA: higher priced homes
- Floral Park, NY: higher priced homes
- Florida City, FL: higher priced homes
- Enumclaw, WA: higher priced homes
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