The Most Affordable Neighborhoods in Gum Branch, NC by Home Value

 

Gum Branch, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gum Branch area can be challenging. Home prices in Gum Branch are now at a median cost of $181,006, lower than the North Carolina average of $226,477.

The average cost of rent is $1,432/mo in Gum Branch, primarily driven by the current value of real estate in the Gum Branch area. While nearly 14.64% of residents own their homes outright in Gum Branch, 23.87% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gum Branch is $7,819 per month. Households that rent pay about 18.31% of their income on rent here. Gum Branch'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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