Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherokee Falls area can be challenging. Home prices in Cherokee Falls are now at a median cost of $150,266, lower than the South Carolina average of $233,397.
The average cost of rent is $748/mo in Cherokee Falls, primarily driven by the current value of real estate in the Cherokee Falls area. While nearly 61.20% of residents own their homes outright in Cherokee Falls, 14.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherokee Falls is $5,927 per month. Households that rent pay about 12.61% of their income on rent here. Cherokee Falls's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Draytonville, SC: less expensive homes
- Blacksburg, SC: less expensive homes
- East Gaffney, SC: less expensive homes
- Kings Creek, SC: less expensive homes
- Wilkinsville, SC: less expensive homes
- Gaffney, SC: less expensive homes
- Grover, NC: less expensive homes
- Smyrna, SC: higher priced homes
- Hickory Grove, SC: higher priced homes
- Hopewell, SC: less expensive homes
Cities with Similar Populations
- Piggtown, MS: less expensive homes
- Pedro, FL: higher priced homes
- Peoria, MO: less expensive homes
- Pepper, WV: equally priced homes
- Percy, NH: equally priced homes
- Perdue Hill, AL: less expensive homes
- Perkinstown, WI: higher priced homes
- Petrey, AL: less expensive homes
- Petroleum, WV: less expensive homes
- Piedmont, KS: less expensive homes
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