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Affordable
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These days, finding an affordable place to live in the Gulf area can be challenging. Home prices in Gulf are now at a median cost of $218,908, lower than the North Carolina average of $323,314.
The average cost of rent is $871/mo in Gulf, primarily driven by the current value of real estate in the Gulf area. In Gulf, 7.04% of households rent, and 25.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gulf is $6,031 per month. Households that rent pay about 14.44% of their income on rent here. Gulf’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Goldston, NC: less expensive homes
- Haw Branch, NC: higher priced homes
- Bear Creek, NC: equally priced homes
- Bonlee, NC: less expensive homes
- Colon, NC: higher priced homes
- Glendon, NC: equally priced homes
- Harpers Crossroads, NC: higher priced homes
- Osgood, NC: equally priced homes
- Merry Oaks, NC: higher priced homes
- Mount Vernon Springs, NC: equally priced homes
Cities with Similar Populations
- Melrose, TX: less expensive homes
- Moores Bridge, AL: less expensive homes
- Moffitt, TX: less expensive homes
- Mill Creek, NC: higher priced homes
- Milan, WI: equally priced homes
- Midvale, ID: higher priced homes
- Meyersville, TX: equally priced homes
- Metz, WV: less expensive homes
- Merriam, IL: less expensive homes
- Merom, IN: less expensive homes
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