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 $479,217, higher than the Charlotte average of $273,615.

The average cost of rent is $1,641/mo in Ballantyne East, primarily driven by the current value of real estate in the Ballantyne East area. While nearly 19.14% of residents own their homes outright in Ballantyne East, 33.86% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ballantyne East is $10,393 per month. Households that rent pay about 15.79% of their income on rent here. Ballantyne East's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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