The Most Affordable Neighborhoods in Newton Falls, OH by Home Value

 

Newton Falls, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Newton Falls area can be challenging. Home prices in Newton Falls are now at a median cost of $117,820, lower than the Ohio average of $181,280.

The average cost of rent is $705/mo in Newton Falls, primarily driven by the current value of real estate in the Newton Falls area. While nearly 44.40% of residents own their homes outright in Newton Falls, 29.59% rent.

Housing affordability isn’t just about home prices, though. The average household income in Newton Falls is $4,557 per month. Households that rent pay about 15.48% of their income on rent here. Newton Falls's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.


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