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Affordable
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These days, finding an affordable place to live in the Berea area can be challenging. Home prices in Berea are now at a median cost of $142,437, lower than the North Carolina average of $323,314.
The average cost of rent is $987/mo in Berea, primarily driven by the current value of real estate in the Berea area. In Berea, 15.15% of households rent, and 65.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Berea is $5,244 per month. Households that rent pay about 18.82% of their income on rent here. Berea’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Culbreth, NC: equally priced homes
- Denny Store, NC: higher priced homes
- Moriah, NC: higher priced homes
- Satterwhite, NC: higher priced homes
- Shoofly, NC: higher priced homes
- Kinton Fork, NC: higher priced homes
- Oxford, NC: higher priced homes
- Stem, NC: higher priced homes
- Lewis, NC: higher priced homes
- Rougemont, NC: higher priced homes
Cities with Similar Populations
- West Barre, NY: equally priced homes
- Ojo Caliente, NM: higher priced homes
- Five Points, FL: higher priced homes
- Oceola, OH: equally priced homes
- West Shelby, NY: higher priced homes
- Floyd, NY: higher priced homes
- West Mills, ME: higher priced homes
- Oasis, GA: higher priced homes
- Startup, WA: higher priced homes
- Forest, AL: equally priced homes
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