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These days, finding an affordable place to live in the Bolivia area can be challenging. Home prices in Bolivia are now at a median cost of $244,541, higher than the North Carolina average of $226,477.
The average cost of rent is $1,024/mo in Bolivia, primarily driven by the current value of real estate in the Bolivia area. While nearly 50.18% of residents own their homes outright in Bolivia, 24.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bolivia is $4,775 per month. Households that rent pay about 21.45% of their income on rent here. Bolivia's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
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