
Expensive
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These days, finding an affordable place to live in the Falls of Neuse area can be challenging. Home prices in Falls of Neuse are now at a median cost of $540,749, higher than the Raleigh average of $448,953.
The average cost of rent is $1,652/mo in Falls of Neuse, primarily driven by the current value of real estate in the Falls of Neuse area. In Falls of Neuse, 59.04% of households rent, and 27.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Falls of Neuse is $8,053 per month. Households that rent pay about 20.51% of their income on rent here. Falls of Neuse’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Six Forks, Raleigh, NC: higher priced homes
- Five Points, Raleigh, NC: higher priced homes
- Glenwood, Raleigh, NC: higher priced homes
- Mordecai, Raleigh, NC: higher priced homes
- North, Raleigh, NC: less expensive homes
- East Raleigh, Raleigh, NC: less expensive homes
- North Central, Raleigh, NC: higher priced homes
- Wade, Raleigh, NC: higher priced homes
- Northeast Raleigh, Raleigh, NC: less expensive homes
- Hillsborough, Raleigh, NC: higher priced homes
Neighborhoods with Similar Populations
- Litte Italy, Niagara Falls, NY: less expensive homes
- Central Davis, Davis, CA: higher priced homes
- Estlake Greens, Chula Vista, CA: higher priced homes
- Oakridge, Bakersfield, CA: less expensive homes
- LaGrange, Toledo, OH: less expensive homes
- Lakewood Village, Long Beach, CA: higher priced homes
- Madison Village, Lakewood, OH: less expensive homes
- Mann, Iowa City, IA: equally priced homes
- New North End, Burlington, VT: less expensive homes
- Northside, Syracuse, NY: less expensive homes
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