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Affordable
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These days, finding an affordable place to live in the Nuevo area can be challenging. Home prices in Nuevo are now at a median cost of $497,769, lower than the California average of $812,006.
The average cost of rent is $1,814/mo in Nuevo, primarily driven by the current value of real estate in the Nuevo area. In Nuevo, 22.77% of households rent, and 22.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nuevo is $8,773 per month. Households that rent pay about 20.67% of their income on rent here. Nuevo’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lakeview, CA: equally priced homes
- Juniper Springs, CA: less expensive homes
- Sun City, CA: equally priced homes
- Homeland, CA: less expensive homes
- Perris, CA: equally priced homes
- Good Hope, CA: less expensive homes
- Hemet, CA: less expensive homes
- San Jacinto, CA: less expensive homes
- Mead Valley, CA: equally priced homes
- March ARB, CA: less expensive homes
Cities with Similar Populations
- Willoughby Hills, OH: less expensive homes
- Bala-Cynwyd, PA: higher priced homes
- Barnesville, GA: less expensive homes
- Barnhart, MO: less expensive homes
- Bassett, VA: less expensive homes
- Bath, ME: less expensive homes
- Bath, NY: less expensive homes
- Baxter, MN: less expensive homes
- Bealeton, VA: less expensive homes
- Beaufort, NC: less expensive homes
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