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These days, finding an affordable place to live in the Bahama area can be challenging. Home prices in Bahama are now at a median cost of $422,265, higher than the North Carolina average of $323,314.
The average cost of rent is $1,618/mo in Bahama, primarily driven by the current value of real estate in the Bahama area. In Bahama, 8.40% of households rent, and 28.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bahama is $10,232 per month. Households that rent pay about 15.81% of their income on rent here. Bahama’s most expensive areas are in the central 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
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Cities with Similar Populations
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