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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 $412,828, higher than the Missouri average of $246,641.
The average cost of rent is $859/mo in Chapel Hill, primarily driven by the current value of real estate in the Chapel Hill area. In Chapel Hill, 2.56% of households rent, and 32.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chapel Hill is $9,111 per month. Households that rent pay about 9.43% of their income on rent here. Chapel Hill’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sni Mills, MO: less expensive homes
- Bates City, MO: less expensive homes
- Pittsville, MO: less expensive homes
- Lake Lafayette, MO: less expensive homes
- Lone Jack, MO: equally priced homes
- Kingsville, MO: less expensive homes
- Oak Grove, MO: less expensive homes
- Odessa, MO: less expensive homes
- Columbus, MO: less expensive homes
- Tarsney Lakes, MO: equally priced homes
Cities with Similar Populations
- Chadwick, IL: less expensive homes
- Pleasant Mount, PA: less expensive homes
- Eau Galle, WI: less expensive homes
- Roxbury, NY: less expensive homes
- St. Elizabeth, MO: less expensive homes
- Cecilia, LA: less expensive homes
- Big Flats, WI: less expensive homes
- Weymouth, OH: equally priced homes
- Batesville, TX: less expensive homes
- Whitleyville, TN: less expensive homes
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