Home Price Key
Affordable
Average
Expensive
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 $177,072, lower than the North Carolina average of $226,477.
The average cost of rent is $829/mo in Grays Chapel, primarily driven by the current value of real estate in the Grays Chapel area. While nearly 28.63% of residents own their homes outright in Grays Chapel, 12.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grays Chapel is $5,899 per month. Households that rent pay about 14.06% of their income on rent here. Grays Chapel's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Franklinville, NC: less expensive homes
- Climax, NC: equally priced homes
- Randleman, NC: less expensive homes
- Staley, NC: less expensive homes
- Liberty, NC: less expensive homes
- Ramseur, NC: less expensive homes
- Pleasant Garden, NC: equally priced homes
- Julian, NC: equally 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: higher priced homes
- Linden, WI: less expensive homes
- Markleeville, CA: higher priced homes
- Riley Center, MI: equally priced homes
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