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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 $687,424, higher than the South Carolina average of $296,593.
The average cost of rent is $944/mo in Newry, primarily driven by the current value of real estate in the Newry area. In Newry, 19.16% of households rent, and 58.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newry is $7,830 per month. Households that rent pay about 12.06% of their income on rent here. Newry’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Keowee, SC: less expensive homes
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Cities with Similar Populations
- Andrew, IA: less expensive homes
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