Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Chapel Hill area can be challenging. Home prices in Chapel Hill are now at a median cost of $123,857, lower than the Akron average of $230,305.
The average cost of rent is $839/mo in Chapel Hill, primarily driven by the current value of real estate in the Chapel Hill area. In Chapel Hill, 64.69% of households rent, and 29.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chapel Hill is $2,983 per month. Households that rent pay about 28.14% of their income on rent here. Chapel Hill’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- North Hill, Akron, OH: less expensive homes
- East Village, Cuyahoga Falls, OH: higher priced homes
- Elizabeth Park Valley, Akron, OH: higher priced homes
- West Village, Cuyahoga Falls, OH: higher priced homes
- Goodyear Heights, Akron, OH: less expensive homes
- Middlebury, Akron, OH: less expensive homes
- North Village, Cuyahoga Falls, OH: higher priced homes
- University of Ohio Akron, Akron, OH: equally priced homes
- Highland Square, Akron, OH: higher priced homes
- Downtown Akron, Akron, OH: less expensive homes
Neighborhoods with Similar Populations
- Charleston, Bremerton, WA: higher priced homes
- Woodstone, San Antonio, TX: higher priced homes
- Platt Park, Denver, CO: higher priced homes
- College Heights, Wellesley, MA: higher priced homes
- San Mateo, San Juan, PR: higher priced homes
- South Lorain, Lorain, OH: less expensive homes
- Carpenter, Ann Arbor, MI: higher priced homes
- The Woods at Mill Valley, Marysville, OH: higher priced homes
- Waterfront, Santa Barbara, CA: higher priced homes
- White Bridge, Nashville, TN: higher priced homes
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