States › North Carolina › Newton

Is Newton, NC expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,14835% lower than U.S. average
💵 Families earn per year (2026)$66,883about $5,574/month · 23% lower than U.S. average
🔑 House price$186,30044% lower than U.S. average

Rent is lower than in 79% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $45,920 a year. That is $22 an hour at a full-time job.

Is rent cheaper than other North Carolina cities?

Yes. Rent here is cheaper than in most of North Carolina. It is number 45 of 164 cities from cheapest to most expensive.

Newton
$1,148
Wendell
$1,881
Weddington
$2,028
Lewisville
$1,152
Anderson Creek
$2,126
Myrtle Grove
$1,539
Piney Green
$1,513

How much do households earn in Newton?

Under $25k
18.3%
$25k–50k
24.4%
$50k–100k
36.4%
$100k–150k
13.1%
$150k+
3.7%

Share of households by yearly income. 16.8% of households earn $100,000 or more.

Rent by apartment size in Newton

SizeNewtonU.S. average
1 bedroom$959$1,324
2 bedrooms$1,045$1,509
3 bedrooms$1,252$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Newton overall?

Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).

Housing
81
Goods (food, clothes…)
97
Utilities
89
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Newton, so the North Carolina figure is shown.

Taxes and bills in Newton

🏛️ Property tax$1,473a year · 0.79% of home value · U.S. $3,119
⚡ Electric bill$174a month (typical) · U.S. $156

Life in Newton

Commute to work21.7 minU.S.: 26.4 min
College degree21%U.S.: 35.7%
Own their home72.6%U.S.: 65.2%
Below poverty line12%U.S.: 12.5%
Unemployment6.2%U.S.: 5.2%

Is it cheaper to rent or buy in Newton?

Renting is cheaper right now: about $145 a month less.

Renting
$1,148
Owning
$1,293

Owning assumes a typical $186,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,630 for the down payment.

Frequently asked questions

What is the average rent in Newton, NC?

Renting in Newton costs a median of about $1,148 a month in 2026, including utilities. The North Carolina median is $1,496.

How much do I need to make to live in Newton?

To keep rent under 30% of income, you need about $45,920 a year, or $22 an hour at a full-time job.

Is Newton cheap or expensive?

Newton is rated OK: rent takes 20.6% of the typical household income of $66,883. It ranks 45th cheapest of 164 North Carolina cities we track.

How much are property taxes in Newton?

The median homeowner in Newton pays $1,473 a year in property taxes, about 0.79% of the median home value.

Is Newton more expensive than the national average?

Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Newton?

The median home value in Newton is $186,300, about 2.8 times the typical yearly household income.

13,333 people live in Newton. Numbers are typical (middle) values.