Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Hembstead area can be challenging. Home prices in Hembstead are now at a median cost of $884,300, higher than the Charlotte average of $392,082.
The average cost of rent is $1,555/mo in Hembstead, primarily driven by the current value of real estate in the Hembstead area. In Hembstead, 25.37% of households rent, and 21.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hembstead is $14,358 per month. Households that rent pay about 10.83% of their income on rent here. Hembstead’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Oxford Hunt, Charlotte, NC: less expensive homes
- Providence Plantation, Charlotte, NC: less expensive homes
- Sardis Forest, Charlotte, NC: less expensive homes
- Rain Tree, Charlotte, NC: less expensive homes
- Wessex Square, Charlotte, NC: less expensive homes
- Olde Providence South, Charlotte, NC: less expensive homes
- Providence Estates East, Matthews, NC: less expensive homes
- Sardis Woods, Charlotte, NC: less expensive homes
- Piper Glen Estates, Charlotte, NC: less expensive homes
- Olde Providence North, Charlotte, NC: less expensive homes
Neighborhoods with Similar Populations
- Tri-Lakes, Woodmoor, CO: less expensive homes
- Argyle Park, Columbus, OH: less expensive homes
- Oakwood, Knoxville, TN: less expensive homes
- Highland Oaks, St. Petersburg, FL: less expensive homes
- Holiday Park, Palm Bay, FL: less expensive homes
- Kent Acres, Dover, DE: less expensive homes
- Lake Forest, Lake Oswego, OR: equally priced homes
- Lockmar Estates, Palm Bay, FL: less expensive homes
- North Growth Area, Fresno, CA: less expensive homes
- North Side Hill, Eau Claire, WI: less expensive homes
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