The Most Affordable Neighborhoods in Five Forks, SC by Home Value

 

Five Forks, SC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Five Forks area can be challenging. Home prices in Five Forks are now at a median cost of $477,224, higher than the South Carolina average of $296,593.

The average cost of rent is $2,027/mo in Five Forks, primarily driven by the current value of real estate in the Five Forks area. In Five Forks, 13.35% of households rent, and 30.41% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Five Forks is $11,523 per month. Households that rent pay about 17.59% of their income on rent here. Five Forks’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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