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These days, finding an affordable place to live in the Arden area can be challenging. Home prices in Arden are now at a median cost of $393,526, higher than the North Carolina average of $323,314.
The average cost of rent is $1,349/mo in Arden, primarily driven by the current value of real estate in the Arden area. In Arden, 41.97% of households rent, and 39.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arden is $7,040 per month. Households that rent pay about 19.16% of their income on rent here. Arden’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oak Forest, NC: higher priced homes
- Fletcher, NC: equally priced homes
- Biltmore Forest, NC: higher priced homes
- Mills River, NC: equally priced homes
- Avery Creek, NC: equally priced homes
- Hoopers Creek, NC: less expensive homes
- Asheville, NC: higher priced homes
- Fairview, NC: higher priced homes
- Horse Shoe, NC: equally priced homes
- Hendersonville, NC: less expensive homes
Cities with Similar Populations
- Zion, IL: less expensive homes
- Canton, MA: higher priced homes
- Newport, RI: higher priced homes
- Piqua, OH: less expensive homes
- Ponte Vedra, FL: higher priced homes
- Dayton, TX: less expensive homes
- Tumwater, WA: higher priced homes
- Union, KY: equally priced homes
- Versailles, KY: less expensive homes
- Yucca Valley, CA: equally priced homes
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