The Most Affordable Neighborhoods in Denver, NC by Home Value

 

Denver, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Denver area can be challenging. Home prices in Denver are now at a median cost of $394,875, higher than the North Carolina average of $226,477.

The average cost of rent is $1,712/mo in Denver, primarily driven by the current value of real estate in the Denver area. While nearly 33.76% of residents own their homes outright in Denver, 14.13% rent.

Housing affordability isn’t just about home prices, though. The average household income in Denver is $9,395 per month. Households that rent pay about 18.22% of their income on rent here. Denver's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.


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