Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Highlands area can be challenging. Home prices in Highlands are now at a median cost of $456,585, higher than the North Carolina average of $226,477.
The average cost of rent is $855/mo in Highlands, primarily driven by the current value of real estate in the Highlands area. While nearly 51.75% of residents own their homes outright in Highlands, 28.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Highlands is $5,706 per month. Households that rent pay about 14.99% of their income on rent here. Highlands's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
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