The Most Affordable Neighborhoods in Cedar Island, NC by Home Value

 

Cedar Island, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cedar Island area can be challenging. Home prices in Cedar Island are now at a median cost of $167,100, lower than the North Carolina average of $226,477.

The average cost of rent is $687/mo in Cedar Island, primarily driven by the current value of real estate in the Cedar Island area. While nearly 37.04% of residents own their homes outright in Cedar Island, 29.91% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cedar Island is $4,701 per month. Households that rent pay about 14.62% of their income on rent here. Cedar Island's most expensive areas are in the northwestern regions, while the cheapest areas are in the northwestern parts of the city.


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