Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Carrboro area can be challenging. Home prices in Carrboro are now at a median cost of $437,506, higher than the North Carolina average of $226,477.
The average cost of rent is $1,248/mo in Carrboro, primarily driven by the current value of real estate in the Carrboro area. While nearly 34.06% of residents own their homes outright in Carrboro, 51.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Carrboro is $7,908 per month. Households that rent pay about 15.78% of their income on rent here. Carrboro's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Chapel Hill, NC: less expensive homes
- Orange Grove, NC: less expensive homes
- Hillsborough, NC: less expensive homes
- Durham, NC: less expensive homes
- Saxapahaw, NC: less expensive homes
- Efland, NC: less expensive homes
- Morrisville, NC: less expensive homes
- Mebane, NC: less expensive homes
- Swepsonville, NC: less expensive homes
- Haw River, NC: less expensive homes
Cities with Similar Populations
- Seaford, DE: less expensive homes
- Jollyville, TX: less expensive homes
- Livingston, TX: less expensive homes
- Mamaroneck, NY: higher priced homes
- Roselle, NJ: less expensive homes
- Rotterdam, NY: less expensive homes
- Roxboro, NC: less expensive homes
- Salem, OH: less expensive homes
- Santa Fe, TX: less expensive homes
- Sartell, MN: less expensive homes
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