Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Charlotte area can be challenging. Home prices in Charlotte are now at a median cost of $273,615, higher than the North Carolina average of $226,477.
The average cost of rent is $1,271/mo in Charlotte, primarily driven by the current value of real estate in the Charlotte area. While nearly 29.31% of residents own their homes outright in Charlotte, 30.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Charlotte is $6,976 per month. Households that rent pay about 18.22% of their income on rent here. Charlotte's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Matthews, NC: higher priced homes
- Dixie, NC: equally priced homes
- Mint Hill, NC: equally priced homes
- Stallings, NC: equally priced homes
- Harrisburg, NC: equally priced homes
- Belmont, NC: equally priced homes
- Hemby Bridge, NC: less expensive homes
- Springwood, NC: higher priced homes
- Mount Holly, NC: less expensive homes
- Cramerton, NC: equally priced homes
Cities with Similar Populations
- Toledo, OH: less expensive homes
- Troy, MI: equally priced homes
- Tulsa, OK: less expensive homes
- St. Cloud, FL: equally priced homes
- Springfield, MO: less expensive homes
- Springfield, MA: equally priced homes
- Smyrna, GA: higher priced homes
- South Bend, IN: less expensive homes
- Springfield, OH: less expensive homes
- Springdale, AR: less expensive homes
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