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 $151,711, lower than the Vermont average of $260,894.
The average cost of rent is $775/mo in Newport, primarily driven by the current value of real estate in the Newport area. While nearly 36.73% of residents own their homes outright in Newport, 36.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newport is $3,833 per month. Households that rent pay about 20.22% of their income on rent here. Newport's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Derby Center, VT: higher priced homes
- Derby, VT: higher priced homes
- Coventry, VT: higher priced homes
- Newport Center, VT: higher priced homes
- Derby Line, VT: higher priced homes
- Orleans, VT: equally priced homes
- West Charleston, VT: equally priced homes
- Troy, VT: higher priced homes
- Irasburg, VT: higher priced homes
- Holland, VT: higher priced homes
Cities with Similar Populations
- Aitkin, MN: higher priced homes
- Beavercreek, OR: higher priced homes
- Battlement Mesa, CO: higher priced homes
- Avra Valley, AZ: less expensive homes
- Ashburn, GA: less expensive homes
- Albany, MN: higher priced homes
- Bear Valley Springs, CA: higher priced homes
- Avon, NY: equally priced homes
- Bajadero, PR: less expensive homes
- Attica, MI: higher priced homes
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