The Most Affordable Neighborhoods in Chowan County, NC by Home Value

 

Chowan County, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chowan County area can be challenging. Home prices in Chowan County are now at a median cost of $262,176, lower than the North Carolina average of $323,314.

The average cost of rent is $783/mo in Chowan County, primarily driven by the current value of real estate in the Chowan County area. In Chowan County, 29.48% of households rent, and 39.80% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Chowan County is $5,325 per month. Households that rent pay about 14.70% of their income on rent here. Chowan County’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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