Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Drexel area can be challenging. Home prices in Drexel are now at a median cost of $118,560, lower than the North Carolina average of $226,477.
The average cost of rent is $741/mo in Drexel, primarily driven by the current value of real estate in the Drexel area. While nearly 49.73% of residents own their homes outright in Drexel, 19.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Drexel is $4,718 per month. Households that rent pay about 15.70% of their income on rent here. Drexel's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Valdese, NC: equally priced homes
- Connelly Springs, NC: equally priced homes
- Morganton, NC: higher priced homes
- Gamewell, NC: less expensive homes
- Cajahs Mountain, NC: equally priced homes
- Connellys Springs, NC: higher priced homes
- Oak Hill, NC: higher priced homes
- Sawmills, NC: higher priced homes
- Rutherford College, NC: higher priced homes
- Chesterfield, NC: higher priced homes
Cities with Similar Populations
- Bennet, NE: higher priced homes
- Big Flats, NY: higher priced homes
- New Hebron, MS: less expensive homes
- Poseyville, IN: higher priced homes
- Port Carbon, PA: less expensive homes
- Port Austin, MI: equally priced homes
- Plainfield, WI: higher priced homes
- Pickens, MS: less expensive homes
- Panguitch, UT: higher priced homes
- Northwest, NC: higher priced homes
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