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These days, finding an affordable place to live in the 27705 area can be challenging. Home prices in 27705 are now at a median cost of $485,495, higher than the North Carolina average of $323,314.
The average cost of rent is $1,567/mo in 27705, primarily driven by the current value of real estate in the 27705 area. In 27705, 56.31% of households rent, and 46.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 27705 is $8,097 per month. Households that rent pay about 19.35% of their income on rent here. 27705’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 27708, NC: less expensive homes
- 27701, NC: equally priced homes
- 27707, NC: less expensive homes
- 27704, NC: less expensive homes
- 27712, NC: less expensive homes
- 27713, NC: less expensive homes
- 27514, NC: higher priced homes
- 27703, NC: less expensive homes
- 27278, NC: less expensive homes
- 27503, NC: less expensive homes
Zip Codes with Similar Populations
- 27513, NC: higher priced homes
- 37174, TN: equally priced homes
- 39110, MS: less expensive homes
- 44646, OH: less expensive homes
- 47130, IN: less expensive homes
- 89436, NV: higher priced homes
- 90638, CA: higher priced homes
- 77093, TX: less expensive homes
- 77073, TX: less expensive homes
- 76502, TX: less expensive homes
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