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 $175,742, lower than the Tennessee average of $218,916.
The average cost of rent is $793/mo in Charlotte, primarily driven by the current value of real estate in the Charlotte area. While nearly 45.48% of residents own their homes outright in Charlotte, 16.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Charlotte is $4,843 per month. Households that rent pay about 16.37% of their income on rent here. Charlotte's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Dull, TN: higher priced homes
- White Oak Flat, TN: equally priced homes
- Stayton, TN: equally priced homes
- Petway, TN: higher priced homes
- Sylvia, TN: equally priced homes
- White Bluff, TN: higher priced homes
- Cumberland Furnace, TN: less expensive homes
- Fox Bluff, TN: equally priced homes
- Neptune, TN: higher priced homes
- Southside, TN: higher priced homes
Cities with Similar Populations
- Berwyn Heights, MD: higher priced homes
- Thomasville, PA: equally priced homes
- McConnelsville, OH: less expensive homes
- Kalona, IA: higher priced homes
- Pacolet, SC: less expensive homes
- Hudson, MI: less expensive homes
- Hawaiian Beaches, HI: higher priced homes
- Pelahatchie, MS: less expensive homes
- West Liberty, OH: equally priced homes
- Columbus, MN: higher priced homes
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