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These days, finding an affordable place to live in the Cary area can be challenging. Home prices in Cary are now at a median cost of $77,536, lower than the Kentucky average of $219,615.
The average cost of rent is $784/mo in Cary, primarily driven by the current value of real estate in the Cary area. In Cary, 40.95% of households rent, and 78.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cary is $4,033 per month. Households that rent pay about 19.45% of their income on rent here. Cary’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Arjay, KY: equally priced homes
- Rella, KY: equally priced homes
- Kettle Island, KY: equally priced homes
- Ivy Grove, KY: less expensive homes
- Pineville, KY: higher priced homes
- Wasioto, KY: higher priced homes
- Calvin, KY: higher priced homes
- Fourmile, KY: equally priced homes
- Varilla, KY: equally priced homes
- East Pineville, KY: equally priced homes
Cities with Similar Populations
- Ophir, NC: higher priced homes
- North Monroe, ME: higher priced homes
- North Pembroke, NY: higher priced homes
- Northville, SD: higher priced homes
- Oak Ridge Park, NC: higher priced homes
- Odessa, MN: higher priced homes
- Old Church, VA: higher priced homes
- Olive Branch, GA: higher priced homes
- Olive, MT: higher priced homes
- Omega, IL: higher priced homes
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