The Most Affordable Neighborhoods in 27040, NC by Home Value

 

27040, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 27040 area can be challenging. Home prices in 27040 are now at a median cost of $213,341, lower than the North Carolina average of $226,477.

The average cost of rent is $1,311/mo in 27040, primarily driven by the current value of real estate in the 27040 area. While nearly 32.95% of residents own their homes outright in 27040, 10.02% rent.

Housing affordability isn’t just about home prices, though. The average household income in 27040 is $7,011 per month. Households that rent pay about 18.70% of their income on rent here. 27040's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.


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