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These days, finding an affordable place to live in the Ellenboro area can be challenging. Home prices in Ellenboro are now at a median cost of $176,276, lower than the North Carolina average of $323,314.
The average cost of rent is $709/mo in Ellenboro, primarily driven by the current value of real estate in the Ellenboro area. In Ellenboro, 14.41% of households rent, and 59.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ellenboro is $5,086 per month. Households that rent pay about 13.93% of their income on rent here. Ellenboro’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Henrietta, NC: less expensive homes
- Washburn, NC: higher priced homes
- Bostic, NC: less expensive homes
- Lattimore, NC: less expensive homes
- Forest City, NC: equally priced homes
- Mooresboro, NC: equally priced homes
- Hollis, NC: higher priced homes
- Kingstown, NC: higher priced homes
- Boiling Springs, NC: higher priced homes
- Polkville, NC: equally priced homes
Cities with Similar Populations
- Sophia, NC: equally priced homes
- Stow, MA: higher priced homes
- Bumpass, VA: higher priced homes
- Abilene, KS: less expensive homes
- Strafford, MO: higher priced homes
- Strasburg, PA: higher priced homes
- South Cleveland, TN: higher priced homes
- Burton, SC: higher priced homes
- Butler, NJ: higher priced homes
- Strathmore, NJ: higher priced homes
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