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These days, finding an affordable place to live in the Canton area can be challenging. Home prices in Canton are now at a median cost of $237,488, lower than the North Carolina average of $323,314.
The average cost of rent is $934/mo in Canton, primarily driven by the current value of real estate in the Canton area. In Canton, 24.85% of households rent, and 46.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canton is $4,955 per month. Households that rent pay about 18.84% of their income on rent here. Canton’s most expensive areas are in the eastern 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
- Clyde, NC: higher priced homes
- Newfound, NC: higher priced homes
- Upper Hominy, NC: less expensive homes
- Cruso, NC: equally priced homes
- Lake Junaluska, NC: higher priced homes
- Stony Fork, NC: higher priced homes
- Candler, NC: higher priced homes
- Waynesville, NC: higher priced homes
- Cove Creek, NC: higher priced homes
- Worley, NC: higher priced homes
Cities with Similar Populations
- Greenacres, WA: higher priced homes
- South Charleston, WV: less expensive homes
- Guntersville, AL: higher priced homes
- Grosse Pointe Woods, MI: higher priced homes
- Grimes, IA: higher priced homes
- South Houston, TX: less expensive homes
- Grenada, MS: less expensive homes
- Greenville, PA: less expensive homes
- Greenville, MI: less expensive homes
- South River, NJ: higher priced homes
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