Home prices
The cost of the median home in Nuevo is $324,600. In comparison to other places in this area it is about $66,420 (25%) higher.Compared to the United States as a whole it is roughly $107,100 (49%) higher, and is about $312,300 (49%) lower compared to the city of Los Angeles.
Rents
In Nuevo the median monthly rent is $1,346. It is roughly $45 (3%) higher compared to its nearby areas.Compared to the nation as a whole it is roughly $284 (26%) higher, and is roughly $104 (7%) lower compared to the city of Los Angeles.
Nearby places
Lakeview
Lakeview is Nuevo's neighbor to the northeast. The real estate prices there are a bit more expensive. The price of the median home in Lakeview is $346,100, which works out to $21,500 (6%) higher than Nuevo. Rents there are a little less expensive. In Lakeview the median monthly rent is $1,048, which works out to $298 (28%) lower than Nuevo.
Romoland
Romoland is Nuevo's neighbor to the south. Housing prices there are similar. The median home in Romoland costs $313,600, which comes out to $11,000 (3%) lower than Nuevo. Rents there are fairly similar. The median monthly rent in Romoland is $1,375, which comes out to $29 (2%) higher than Nuevo.
Perris
Perris is about 4 miles west from Nuevo. Real estate prices there are a little less expensive. Perris's median home value is $281,600, which works out to $43,000 (15%) lower than Nuevo. The rent there is a little more expensive. The median rent in Perris is $1,422 a month, which works out to $76 (5%) higher than Nuevo.
Homeland
Homeland is roughly 4 miles south from Nuevo. Housing prices there are substantially less expensive. The median home in Homeland costs $156,300, which comes out to $168,300 (107%) lower than Nuevo. Its rents are a bit less expensive. Homeland's median monthly rent is $1,088, which is $258 (23%) lower than Nuevo.
Green Acres
Green Acres is approximately 5 miles southeast from Nuevo. The housing prices there are significantly less expensive. Green Acres's median home cost is $193,300, which works out to $131,300 (67%) lower than Nuevo. Rents there are a little more expensive. In Green Acres the median monthly rent is $1,571, which is $225 (14%) higher than Nuevo.
