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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 $243,715, lower than the North Carolina average of $323,314.
The average cost of rent is $1,154/mo in Greensboro, primarily driven by the current value of real estate in the Greensboro area. In Greensboro, 36.25% of households rent, and 39.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greensboro is $6,250 per month. Households that rent pay about 18.46% of their income on rent here. Greensboro’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jamestown, NC: higher priced homes
- McLeansville, NC: equally priced 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: less expensive homes
- Whitsett, NC: higher priced homes
- Julian, NC: higher priced homes
Cities with Similar Populations
- Macomb, MI: higher priced homes
- Leander, TX: higher priced homes
- Lauderhill, FL: higher 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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