Home Price Key
Affordable
Average
Expensive
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 $138,802, lower than the Iowa average of $182,666.
The average cost of rent is $785/mo in Newton, primarily driven by the current value of real estate in the Newton area. While nearly 37.94% of residents own their homes outright in Newton, 26.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newton is $5,008 per month. Households that rent pay about 15.68% of their income on rent here. Newton's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Lambs Grove, IA: higher priced homes
- Killduff, IA: higher priced homes
- Goddard, IA: higher priced homes
- Kellogg, IA: higher priced homes
- Baxter, IA: higher priced homes
- Monroe, IA: equally priced homes
- Ira, IA: higher priced homes
- Colfax, IA: equally priced homes
- Reasnor, IA: higher priced homes
- Green Castle, IA: higher priced homes
Cities with Similar Populations
- Fairland, MD: higher priced homes
- Eastchester, NY: higher priced homes
- Eastlake, OH: equally priced homes
- Elkins Park, PA: higher priced homes
- Emmaus, PA: higher priced homes
- Enola, PA: higher priced homes
- Erlanger, KY: higher priced homes
- Estelle, LA: higher priced homes
- Exton, PA: higher priced homes
- Fairfax Station, VA: higher priced homes
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