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Affordable
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These days, finding an affordable place to live in the Boone area can be challenging. Home prices in Boone are now at a median cost of $406,090, higher than the North Carolina average of $323,314.
The average cost of rent is $1,176/mo in Boone, primarily driven by the current value of real estate in the Boone area. In Boone, 50.93% of households rent, and 54.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Boone is $3,547 per month. Households that rent pay about 33.15% of their income on rent here. Boone’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
- Shulls Mill, NC: higher priced homes
- Blowing Rock, NC: higher priced homes
- Vilas, NC: less expensive homes
- Triplett, NC: higher priced homes
- Valle Crucis, NC: equally priced homes
- Finley, NC: equally priced homes
- Zionville, NC: less expensive homes
- Grassy Creek, NC: less expensive homes
- Deep Gap, NC: less expensive homes
- Todd, NC: less expensive homes
Cities with Similar Populations
- Parkland, FL: higher priced homes
- Andover, MA: higher priced homes
- Mundelein, IL: less expensive homes
- Pueblo West, CO: equally priced homes
- Prior Lake, MN: higher priced homes
- Paramus, NJ: higher priced homes
- Pace, FL: less expensive homes
- Ossining, NY: higher priced homes
- Orangevale, CA: higher priced homes
- Ooltewah, TN: equally priced homes
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