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These days, finding an affordable place to live in the Aberdeen area can be challenging. Home prices in Aberdeen are now at a median cost of $295,860, lower than the North Carolina average of $323,314.
The average cost of rent is $1,253/mo in Aberdeen, primarily driven by the current value of real estate in the Aberdeen area. In Aberdeen, 31.30% of households rent, and 48.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Aberdeen is $6,869 per month. Households that rent pay about 18.24% of their income on rent here. Aberdeen’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Addor, NC: higher priced homes
- Pinebluff, NC: less expensive homes
- Southern Pines, NC: higher priced homes
- Silver Spring, NC: less expensive homes
- Pinehurst, NC: higher priced homes
- Ashley Heights, NC: higher priced homes
- Taylortown, NC: less expensive homes
- Foxfire, NC: higher priced homes
- Whispering Pines, NC: higher priced homes
- Hoffman, NC: less expensive homes
Cities with Similar Populations
- Whiting, IN: less expensive homes
- Bishop, CA: higher priced homes
- Gustine, CA: higher priced homes
- Signal Hill, CA: higher priced homes
- Abbeville, SC: less expensive homes
- Wimberley, TX: higher priced homes
- Bath, PA: equally priced homes
- Mims, FL: equally priced homes
- Bridgeton, MO: less expensive homes
- Hull, MA: higher priced homes
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