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Expensive
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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 $148,886, lower than the Rochester average of $214,658.
The average cost of rent is $1,072/mo in Charlotte, primarily driven by the current value of real estate in the Charlotte area. In Charlotte, 46.09% of households rent, and 38.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Charlotte is $4,601 per month. Households that rent pay about 23.30% of their income on rent here. Charlotte’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Maplewood, Rochester, NY: less expensive homes
- Group 14621, Rochester, NY: less expensive homes
- La Avenida, Rochester, NY: less expensive homes
- Northland Lyceum, Rochester, NY: equally priced homes
- Edgerton, Rochester, NY: less expensive homes
- North Marketview Heights, Rochester, NY: less expensive homes
- Upper Falls, Rochester, NY: less expensive homes
- Lyell-Otis, Rochester, NY: less expensive homes
- Homestead Heights, Rochester, NY: equally priced homes
- South Marketview Heights, Rochester, NY: less expensive homes
Neighborhoods with Similar Populations
- Avondale, Jacksonville, FL: higher priced homes
- Willard-Hay, Minneapolis, MN: higher priced homes
- West Modesto, Modesto, CA: higher priced homes
- Becks Park, Chicago, IL: equally priced homes
- Twain, Iowa City, IA: higher priced homes
- Kirkwood, Coralville, IA: higher priced homes
- Edison, Kalamazoo, MI: less expensive homes
- Elgin Historic District, Elgin, IL: higher priced homes
- Elvira, Summit, AZ: higher priced homes
- Plaza Terrace, Tampa, FL: higher priced homes
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