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Affordable
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These days, finding an affordable place to live in the Cordova area can be challenging. Home prices in Cordova are now at a median cost of $154,861, lower than the North Carolina average of $323,314.
The average cost of rent is $921/mo in Cordova, primarily driven by the current value of real estate in the Cordova area. In Cordova, 27.98% of households rent, and 39.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cordova is $4,605 per month. Households that rent pay about 20.00% of their income on rent here. Cordova’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oak Ridge Park, NC: higher priced homes
- East Rockingham, NC: less expensive homes
- Rockingham, NC: equally priced homes
- Hamlet, NC: less expensive homes
- New Town, NC: less expensive homes
- Dobbins Heights, NC: less expensive homes
- Lilesville, NC: less expensive homes
- McFarlan, NC: less expensive homes
- Steen Town, NC: less expensive homes
- Wallace, SC: less expensive homes
Cities with Similar Populations
- Mapleton, MI: higher priced homes
- Palisade, MN: higher priced homes
- Orr, MN: higher priced homes
- Mingo, NC: equally priced homes
- Mendes, GA: equally priced homes
- McHenry, KY: less expensive homes
- McGuffey, OH: less expensive homes
- Mc Adams, MS: less expensive homes
- Mathews, AL: higher priced homes
- Pitchin, OH: higher priced homes
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