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These days, finding an affordable place to live in the Newry area can be challenging. Home prices in Newry are now at a median cost of $230,897, lower than the Maine average of $330,167.
The average cost of rent is $1,043/mo in Newry, primarily driven by the current value of real estate in the Newry area. In Newry, 12.15% of households rent, and 71.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newry is $5,403 per month. Households that rent pay about 19.30% of their income on rent here. Newry’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Bethel, ME: higher priced homes
- South Andover, ME: less expensive homes
- Hanover, ME: higher priced homes
- Andover, ME: less expensive homes
- East Andover, ME: less expensive homes
- Bethel, ME: higher priced homes
- West Bethel, ME: higher priced homes
- Mayville, ME: higher priced homes
- Gilead, ME: higher priced homes
- Rumford, ME: less expensive homes
Cities with Similar Populations
- Dekle Beach, FL: less expensive homes
- Dyer Brook, ME: less expensive homes
- Doubs, MD: higher priced homes
- Detrick, VA: higher priced homes
- Desire, PA: less expensive homes
- Deseret, UT: higher priced homes
- Denton, KS: less expensive homes
- DeMory, TN: less expensive homes
- Delwood, IL: less expensive homes
- Timewell, IL: less expensive homes
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