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These days, finding an affordable place to live in the Greensboro area can be challenging. Home prices in Greensboro are now at a median cost of $180,594, lower than the North Carolina average of $226,477.
The average cost of rent is $999/mo in Greensboro, primarily driven by the current value of real estate in the Greensboro area. While nearly 37.88% of residents own their homes outright in Greensboro, 34.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Greensboro is $5,502 per month. Households that rent pay about 18.15% of their income on rent here. Greensboro's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Jamestown, NC: higher priced homes
- McLeansville, NC: less expensive homes
- Browns Summit, NC: higher priced homes
- Pleasant Garden, NC: equally priced homes
- Colfax, NC: higher priced homes
- Sedalia, NC: higher priced homes
- Oak Ridge, NC: higher priced homes
- High Point, NC: equally priced homes
- Whitsett, NC: higher priced homes
- Julian, NC: equally priced homes
Cities with Similar Populations
- Macomb, MI: higher priced homes
- Leander, TX: higher priced homes
- Lauderhill, FL: equally priced homes
- Lexington, NC: less expensive homes
- Lawrenceville, GA: higher priced homes
- Loveland, CO: higher priced homes
- Lilburn, GA: higher priced homes
- Lawton, OK: less expensive homes
- Lawrence, MA: higher priced homes
- Lawrence, KS: higher priced homes
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