The Most Affordable Neighborhoods in 27048, NC by Home Value

 

27048, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 27048 area can be challenging. Home prices in 27048 are now at a median cost of $124,218, lower than the North Carolina average of $226,477.

The average cost of rent is $705/mo in 27048, primarily driven by the current value of real estate in the 27048 area. While nearly 51.59% of residents own their homes outright in 27048, 18.01% rent.

Housing affordability isn’t just about home prices, though. The average household income in 27048 is $4,497 per month. Households that rent pay about 15.67% of their income on rent here. 27048's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.


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