The Most Affordable Neighborhoods in Ballantyne East, Charlotte, NC by Home Value

 

Ballantyne East, Charlotte, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ballantyne East area can be challenging. Home prices in Ballantyne East are now at a median cost of $693,176, higher than the Charlotte average of $392,082.

The average cost of rent is $1,980/mo in Ballantyne East, primarily driven by the current value of real estate in the Ballantyne East area. In Ballantyne East, 47.72% of households rent, and 25.49% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Ballantyne East is $12,438 per month. Households that rent pay about 15.92% of their income on rent here. Ballantyne East’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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