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Affordable
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These days, finding an affordable place to live in the Advance area can be challenging. Home prices in Advance are now at a median cost of $354,822, higher than the North Carolina average of $323,314.
The average cost of rent is $947/mo in Advance, primarily driven by the current value of real estate in the Advance area. In Advance, 11.94% of households rent, and 42.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Advance is $8,560 per month. Households that rent pay about 11.06% of their income on rent here. Advance’s most expensive areas are in the northern 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
- Bermuda Run, NC: higher priced homes
- Cornatzer, NC: less expensive homes
- Clemmons, NC: equally priced homes
- Mocksville, NC: less expensive homes
- Cana, NC: equally priced homes
- West Bend, NC: less expensive homes
- Lewisville, NC: equally priced homes
- Jerusalem, NC: less expensive homes
- Welcome, NC: less expensive homes
- Midway, NC: less expensive homes
Cities with Similar Populations
- Polk City, FL: less expensive homes
- Hurricane, WV: less expensive homes
- Wabash, IN: less expensive homes
- Marengo, IL: less expensive homes
- Benton, LA: equally priced homes
- Quinlan, TX: less expensive homes
- Nantucket, MA: higher priced homes
- Ponte Vedra Beach, FL: higher priced homes
- Waupun, WI: less expensive homes
- Fort Stockton, TX: less expensive homes
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