Similar to nearby areas, it is a lot less expensive compared to the US as a whole. It's close to average compared to the city of Cincinnati.
Home prices
The median home in Newport is valued at $144,000. This is roughly $3,340 (2%) lower in comparison to its surrounding areas.Compared to the country as a whole it is about $73,500 (33%) lower, and compared to the city of Cincinnati is about $6,000 (4%) higher.
Rents
Newport's median rent is $737 a month. In comparison to nearby areas it is approximately $179 (19%) lower.In comparison to the nation as a whole it is about $325 (30%) lower, and compared to the city of Cincinnati is is very similar.
Nearby places
Woodlawn
Woodlawn is Newport's neighbor to the northeast. Real estate prices there are similar. Woodlawn's median home cost is $138,300, which comes out to $5,700 (4%) lower than Newport. Its rents are a lot more expensive. In Woodlawn the median monthly rent is $1,143, which comes out to $406 (35%) higher than Newport.
Bellevue
Bellevue is Newport's neighbor to the north. Its housing prices are a little less expensive. The median home in Bellevue costs $136,400, which is $7,600 (5%) lower than Newport. The rent there is a bit more expensive. In Bellevue the median rent is $794 per month, which is $57 (7%) higher than Newport.
Fort Thomas
Fort Thomas is Newport's neighbor to the east. Its housing prices are significantly more expensive. The median home in Fort Thomas is valued at $227,600, which is $83,600 (36%) higher than Newport. The rent there is a bit more expensive. Fort Thomas's median monthly rent is $907, which works out to $170 (18%) higher than Newport.
Southgate
Southgate is Newport's neighbor to the southeast. Real estate prices there are a bit less expensive. The median home price in Southgate is $127,400, which is $16,600 (13%) lower than Newport. The rent there is a little more expensive. Southgate's median rent is $880 a month, which works out to $143 (16%) higher than Newport.
Dayton
Dayton is approximately 2 miles northeast from Newport. Its real estate prices are significantly less expensive. The cost of the median home in Dayton is $107,000, which works out to $37,000 (34%) lower than Newport. The rent there is a little more expensive. Dayton's median monthly rent is $855, which works out to $118 (13%) higher than Newport.
