West Newbury renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in West Newbury is about $2,423 per month. This puts it in the 99th percentile compared to the state average cost of rent, which is $1,522. Households in West Newbury have a median income of $13,026 per month so the average renter in West Newbury is spending roughly 19% of their earnings on housing.
Nationally, and in West Newbury, home values are the data point most closely correlated with the cost of rent. The median price of a home in West Newbury is $604,235 right now, which is higher than nearby cities, meaning that rents in West Newbury also tend to be higher versus these nearby cities.
Higher rent prices are common in the northern parts of West Newbury while lower rent rates are often available in southeastern areas.
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