The Most Affordable Neighborhoods in Chimney Rock Village, NC by Home Value

 

Chimney Rock Village, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chimney Rock Village area can be challenging. Home prices in Chimney Rock Village are now at a median cost of $361,167, higher than the North Carolina average of $226,477.

The average cost of rent is $1,235/mo in Chimney Rock Village, primarily driven by the current value of real estate in the Chimney Rock Village area. While nearly 49.10% of residents own their homes outright in Chimney Rock Village, 12.93% rent.

Housing affordability isn’t just about home prices, though. The average household income in Chimney Rock Village is $6,375 per month. Households that rent pay about 19.38% of their income on rent here. Chimney Rock Village's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.


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