The Most Affordable Neighborhoods in Gulf, NC by Home Value

 

Gulf, NC Map of Most Affordable Neighborhoods
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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 $134,665, lower than the North Carolina average of $226,477.

The average cost of rent is $725/mo in Gulf, primarily driven by the current value of real estate in the Gulf area. While nearly 16.68% of residents own their homes outright in Gulf, 25.47% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gulf is $4,276 per month. Households that rent pay about 16.96% of their income on rent here. Gulf's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.


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