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Affordable
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These days, finding an affordable place to live in the Grantham area can be challenging. Home prices in Grantham are now at a median cost of $139,934, lower than the North Carolina average of $323,314.
The average cost of rent is $915/mo in Grantham, primarily driven by the current value of real estate in the Grantham area. In Grantham, 26.46% of households rent, and 56.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grantham is $5,839 per month. Households that rent pay about 15.68% of their income on rent here. Grantham’s most expensive areas are in the southeastern 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.
Nearby Cities
- Stevens Mill, NC: higher priced homes
- Dobbersville, NC: less expensive homes
- Dudley, NC: less expensive homes
- Newton Grove, NC: less expensive homes
- Princeton, NC: higher priced homes
- Hopewell, NC: less expensive homes
- Goldsboro, NC: higher priced homes
- Indian Springs, NC: less expensive homes
- Pike Crossroads, NC: higher priced homes
- Peacocks Crossroads, NC: equally priced homes
Cities with Similar Populations
- Hugh, FL: higher priced homes
- South Dayton, NY: less expensive homes
- Sonora, OH: higher priced homes
- Sandy Valley, NV: higher priced homes
- New Preston-Marble Dale, CT: higher priced homes
- Mentha, MI: higher priced homes
- Linville, VA: higher priced homes
- La Veta, CO: higher priced homes
- Kirtland Hills, OH: higher priced homes
- South Dos Palos, CA: higher priced homes
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