Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Five Points area can be challenging. Home prices in Five Points are now at a median cost of $856,761, higher than the Raleigh average of $448,953.
The average cost of rent is $1,773/mo in Five Points, primarily driven by the current value of real estate in the Five Points area. In Five Points, 30.61% of households rent, and 30.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Five Points is $15,317 per month. Households that rent pay about 11.58% of their income on rent here. Five Points’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Mordecai, Raleigh, NC: less expensive homes
- North Central, Raleigh, NC: less expensive homes
- Wade, Raleigh, NC: equally priced homes
- Glenwood, Raleigh, NC: higher priced homes
- Hillsborough, Raleigh, NC: less expensive homes
- Central, Raleigh, NC: less expensive homes
- Six Forks, Raleigh, NC: less expensive homes
- East Raleigh, Raleigh, NC: less expensive homes
- Falls of Neuse, Raleigh, NC: less expensive homes
- South Central, Raleigh, NC: less expensive homes
Neighborhoods with Similar Populations
- Downtown Jamestown, Jamestown, NY: less expensive homes
- fairwood, Spokane, WA: less expensive homes
- Bitter Lake, Seattle, WA: less expensive homes
- Boyd Acres, Bend, OR: less expensive homes
- Athens, West Athens, CA: less expensive homes
- Southcrest, San Diego, CA: less expensive homes
- Shearer Hills-Ridgeview, San Antonio, TX: less expensive homes
- Fairview Shores, Orlando, FL: less expensive homes
- Robertson, Oakland, CT: less expensive homes
- Forest Grove, Worcester, MA: less expensive homes
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