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

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 $160,582, lower than the Ohio average of $236,816.

The average cost of rent is $758/mo in Newton Falls, primarily driven by the current value of real estate in the Newton Falls area. In Newton Falls, 31.76% of households rent, and 36.79% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Newton Falls is $5,216 per month. Households that rent pay about 14.53% of their income on rent here. Newton Falls’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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