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Affordable
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These days, finding an affordable place to live in the Gastonia area can be challenging. Home prices in Gastonia are now at a median cost of $243,954, lower than the North Carolina average of $323,314.
The average cost of rent is $1,218/mo in Gastonia, primarily driven by the current value of real estate in the Gastonia area. In Gastonia, 40.98% of households rent, and 39.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gastonia is $5,940 per month. Households that rent pay about 20.51% of their income on rent here. Gastonia’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ranlo, NC: less expensive homes
- Lowell, NC: equally priced homes
- Cramerton, NC: higher priced homes
- McAdenville, NC: higher priced homes
- Dallas, NC: equally priced homes
- Belmont, NC: higher priced homes
- Springwood, NC: higher priced homes
- Mountain View, NC: less expensive homes
- Bessemer City, NC: equally priced homes
- Clover, SC: higher priced homes
Cities with Similar Populations
- Oklahoma City, OK: equally priced homes
- Olympia, WA: higher priced homes
- Oshkosh, WI: less expensive homes
- Macon, GA: less expensive homes
- Maryville, TN: higher priced homes
- McKinney, TX: higher priced homes
- Lynchburg, VA: equally priced homes
- Madison, WI: higher priced homes
- Long Beach, CA: higher priced homes
- Marietta, GA: higher priced homes
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