Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Erwin area can be challenging. Home prices in Erwin are now at a median cost of $112,259, lower than the North Carolina average of $226,477.
The average cost of rent is $854/mo in Erwin, primarily driven by the current value of real estate in the Erwin area. While nearly 41.33% of residents own their homes outright in Erwin, 34.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Erwin is $3,800 per month. Households that rent pay about 22.48% of their income on rent here. Erwin's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Dunn, NC: higher priced homes
- Coats, NC: higher priced homes
- Buies Creek, NC: higher priced homes
- Linden, NC: higher priced homes
- Lillington, NC: higher priced homes
- Benson, NC: higher priced homes
- Angier, NC: higher priced homes
- Hardee Cross Roads, NC: higher priced homes
- Norrington Crossroads, NC: higher priced homes
- Bunnlevel, NC: higher priced homes
Cities with Similar Populations
- Bigfork, MT: higher priced homes
- Sound Beach, NY: higher priced homes
- Somerville, AL: higher priced homes
- Somerset, WI: higher priced homes
- Brookeville, MD: higher priced homes
- Garnet, CA: higher priced homes
- Garden City, SC: higher priced homes
- Furlong, PA: higher priced homes
- Bluefield, VA: higher priced homes
- Bloomingdale, NJ: higher priced homes
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