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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 $304,846, lower than the North Carolina average of $323,314.
The average cost of rent is $1,634/mo in Bolivia, primarily driven by the current value of real estate in the Bolivia area. In Bolivia, 14.21% of households rent, and 52.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bolivia is $5,891 per month. Households that rent pay about 27.74% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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