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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 $96,932, lower than the Texas average of $322,096.
The average cost of rent is $991/mo in Newton, primarily driven by the current value of real estate in the Newton area. In Newton, 29.73% of households rent, and 77.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newton is $3,713 per month. Households that rent pay about 26.68% of their income on rent here. Newton’s most expensive areas are in the southern 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
- Pine Grove, TX: higher priced homes
- Buckhorn, TX: higher priced homes
- Shanklerville, TX: higher priced homes
- Mattox, TX: higher priced homes
- Bon Wier, TX: higher priced homes
- Holly Springs, TX: higher priced homes
- Wiergate, TX: higher priced homes
- Roganville, TX: higher priced homes
- Bon Ami, TX: higher priced homes
- Merryville, LA: higher priced homes
Cities with Similar Populations
- Stockton, IL: higher priced homes
- Huntsburg, OH: higher priced homes
- Jerome, MI: higher priced homes
- Lame Deer, MT: higher priced homes
- Magdalena, NM: higher priced homes
- Mayville, NY: higher priced homes
- Osteen, FL: higher priced homes
- Riverside, AL: higher priced homes
- Smithville, MS: higher priced homes
- Ashville, NY: higher priced homes
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