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Affordable
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These days, finding an affordable place to live in the Arapahoe area can be challenging. Home prices in Arapahoe are now at a median cost of $239,014, lower than the North Carolina average of $323,314.
The average cost of rent is $1,033/mo in Arapahoe, primarily driven by the current value of real estate in the Arapahoe area. In Arapahoe, 18.67% of households rent, and 58.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arapahoe is $5,020 per month. Households that rent pay about 20.58% of their income on rent here. Arapahoe’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Janeiro, NC: higher priced homes
- Minnesott Beach, NC: equally priced homes
- Kennel Beach, NC: less expensive homes
- Oriental, NC: higher priced homes
- Grantsboro, NC: less expensive homes
- Cherry Point, NC: equally priced homes
- Alliance, NC: less expensive homes
- Stonewall, NC: less expensive homes
- Merrimon, NC: higher priced homes
- Reelsboro, NC: less expensive homes
Cities with Similar Populations
- Jessieville, AR: less expensive homes
- Lincoln, MT: higher priced homes
- Fannin, TX: higher priced homes
- Barnstead, NH: higher priced homes
- Lometa, TX: less expensive homes
- Murry, MO: equally priced homes
- New Concord, KY: less expensive homes
- Cameron, AZ: less expensive homes
- Eldon, IA: less expensive homes
- Parksville, KY: less expensive homes
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