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Affordable
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These days, finding an affordable place to live in the Bermuda Run area can be challenging. Home prices in Bermuda Run are now at a median cost of $391,810, higher than the North Carolina average of $323,314.
The average cost of rent is $1,159/mo in Bermuda Run, primarily driven by the current value of real estate in the Bermuda Run area. In Bermuda Run, 14.76% of households rent, and 56.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bermuda Run is $6,085 per month. Households that rent pay about 19.04% of their income on rent here. Bermuda Run’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Advance, NC: less expensive homes
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Cities with Similar Populations
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- Waitsfield, VT: higher priced homes
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- Clarendon, TX: less expensive homes
- Cloudcroft, NM: less expensive homes
- Concord, OH: equally priced homes
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