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Affordable
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These days, finding an affordable place to live in the Davidson area can be challenging. Home prices in Davidson are now at a median cost of $659,813, higher than the North Carolina average of $323,314.
The average cost of rent is $1,745/mo in Davidson, primarily driven by the current value of real estate in the Davidson area. In Davidson, 18.16% of households rent, and 29.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Davidson is $14,398 per month. Households that rent pay about 12.12% of their income on rent here. Davidson’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cornelius, NC: equally priced homes
- Huntersville, NC: less expensive homes
- Mooresville, NC: less expensive homes
- Kannapolis, NC: less expensive homes
- Denver, NC: less expensive homes
- Terrell, NC: less expensive homes
- Landis, NC: less expensive homes
- Concord, NC: less expensive homes
- Lake Norman of Catawba, NC: less expensive homes
- Machpelah, NC: less expensive homes
Cities with Similar Populations
- Secaucus, NJ: less expensive homes
- McAlester, OK: less expensive homes
- McNair, VA: equally priced homes
- Mechanicsville, MD: less expensive homes
- Rocky River, OH: less expensive homes
- Roxboro, NC: less expensive homes
- Salem, OH: less expensive homes
- Santa Fe, TX: less expensive homes
- Sartell, MN: less expensive homes
- Scarborough, ME: less expensive homes
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