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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 $608,219, higher than the North Carolina average of $323,314.
The average cost of rent is $788/mo in Highlands, primarily driven by the current value of real estate in the Highlands area. In Highlands, 26.38% of households rent, and 55.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Highlands is $6,401 per month. Households that rent pay about 12.31% of their income on rent here. Highlands’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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