Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newstead area can be challenging. Home prices in Newstead are now at a median cost of $227,400, higher than the Kentucky average of $164,895.
The average cost of rent is $747/mo in Newstead, primarily driven by the current value of real estate in the Newstead area. While nearly 57.70% of residents own their homes outright in Newstead, 34.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newstead is $7,598 per month. Households that rent pay about 9.83% of their income on rent here. Newstead's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Caledonia, KY: less expensive homes
- Julien, KY: equally priced homes
- Gracey, KY: less expensive homes
- Church Hill, KY: less expensive homes
- Peedee, KY: less expensive homes
- Herndon, KY: less expensive homes
- Montgomery, KY: less expensive homes
- Hopkinsville, KY: less expensive homes
- Howel, KY: less expensive homes
- Cerulean, KY: less expensive homes
Cities with Similar Populations
- Eagle Bay, NY: equally priced homes
- Elm, NJ: equally priced homes
- Elk River, ID: less expensive homes
- Eden, AZ: less expensive homes
- Ecleto, TX: less expensive homes
- Eaton, ID: higher priced homes
- East Hickory, PA: less expensive homes
- East Berwick, PA: less expensive homes
- East Ararat, PA: less expensive homes
- East Alburg, VT: less expensive homes
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