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These days, finding an affordable place to live in the Grays Chapel area can be challenging. Home prices in Grays Chapel are now at a median cost of $229,174, lower than the North Carolina average of $323,314.
The average cost of rent is $797/mo in Grays Chapel, primarily driven by the current value of real estate in the Grays Chapel area. In Grays Chapel, 12.86% of households rent, and 42.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grays Chapel is $8,547 per month. Households that rent pay about 9.32% of their income on rent here. Grays Chapel’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Franklinville, NC: less expensive homes
- Climax, NC: higher priced homes
- Randleman, NC: less expensive homes
- Staley, NC: less expensive homes
- Liberty, NC: equally priced homes
- Ramseur, NC: less expensive homes
- Pleasant Garden, NC: equally priced homes
- Julian, NC: higher priced homes
- New Market, NC: less expensive homes
- Sophia, NC: less expensive homes
Cities with Similar Populations
- Rowlesburg, WV: less expensive homes
- Leonardville, KS: equally priced homes
- Lerado, OH: equally priced homes
- Leslie, GA: less expensive homes
- Letohatchee, AL: less expensive homes
- Lewisville, IN: less expensive homes
- Liberty, ME: equally priced homes
- Linden, WI: less expensive homes
- Markleeville, CA: higher priced homes
- Riley Center, MI: equally priced homes
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