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Affordable
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These days, finding an affordable place to live in the Newton area can be challenging. Home prices in Newton are now at a median cost of $226,511, lower than the Alabama average of $228,911.
The average cost of rent is $778/mo in Newton, primarily driven by the current value of real estate in the Newton area. In Newton, 21.11% of households rent, and 42.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newton is $5,764 per month. Households that rent pay about 13.50% of their income on rent here. Newton’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pinckard, AL: less expensive homes
- Wicksburg, AL: higher priced homes
- Kelly, AL: less expensive homes
- Waterford, AL: less expensive homes
- Clayhatchee, AL: less expensive homes
- Daleville, AL: less expensive homes
- Midland City, AL: less expensive homes
- Fort Rucker, AL: less expensive homes
- Grimes, AL: less expensive homes
- Napier Field, AL: less expensive homes
Cities with Similar Populations
- Barrett, TX: less expensive homes
- Bar Harbor, ME: higher priced homes
- Kawkawlin, MI: less expensive homes
- Shermans Dale, PA: higher priced homes
- Kaunakakai, HI: higher priced homes
- Shingletown, CA: higher priced homes
- Kansasville, WI: higher priced homes
- Kaneohe Bay, HI: higher priced homes
- Kane, PA: less expensive homes
- Kamas, UT: higher priced homes
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