The Most Affordable Neighborhoods in Iron Station, NC by Home Value

 

Iron Station, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Iron Station area can be challenging. Home prices in Iron Station are now at a median cost of $175,559, lower than the North Carolina average of $226,477.

The average cost of rent is $1,039/mo in Iron Station, primarily driven by the current value of real estate in the Iron Station area. While nearly 29.07% of residents own their homes outright in Iron Station, 19.47% rent.

Housing affordability isn’t just about home prices, though. The average household income in Iron Station is $5,835 per month. Households that rent pay about 17.80% of their income on rent here. Iron Station's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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