Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Chapel Hill area can be challenging. Home prices in Downtown Chapel Hill are now at a median cost of $591,599, higher than the Chapel Hill average of $295,262.
The average cost of rent is $1,499/mo in Downtown Chapel Hill, primarily driven by the current value of real estate in the Downtown Chapel Hill area. While nearly 34.86% of residents own their homes outright in Downtown Chapel Hill, 69.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Chapel Hill is $4,184 per month. Households that rent pay about 35.83% of their income on rent here. Downtown Chapel Hill's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- University of NC at Chapel Hill, Chapel Hill, NC: less expensive homes
- North Garrett Road, Durham, NC: less expensive homes
- Old West Durham, Durham, NC: less expensive homes
- Downtown Durham, Durham, NC: less expensive homes
- Trinity Park, Durham, NC: less expensive homes
- East Durham, Durham, NC: less expensive homes
- Northeast Durham, Durham, NC: less expensive homes
- Northwest Raleigh, Raleigh, NC: less expensive homes
- West, Raleigh, NC: less expensive homes
- Glenwood, Raleigh, NC: higher priced homes
Neighborhoods with Similar Populations
- Blanco Gardens, San Marcos, TX: less expensive homes
- Embrey Mill, Stafford, VA: less expensive homes
- Denver International Airport, Denver, CO: less expensive homes
- Providence Estates East, Matthews, NC: less expensive homes
- Downtown Frederick, Frederick, MD: less expensive homes
- West Lincoln, Lincoln, NE: less expensive homes
- West Cloverdale, Boise, ID: less expensive homes
- The Gardens, Ocean City, NJ: higher priced homes
- Spring Glen, Hamden, CT: less expensive homes
- South Ruffner, Charleston, WV: less expensive homes
All Local Stats
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