Home Price Key
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These days, finding an affordable place to live in the Kannapolis area can be challenging. Home prices in Kannapolis are now at a median cost of $168,493, lower than the North Carolina average of $226,477.
The average cost of rent is $975/mo in Kannapolis, primarily driven by the current value of real estate in the Kannapolis area. While nearly 34.21% of residents own their homes outright in Kannapolis, 36.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Kannapolis is $5,213 per month. Households that rent pay about 18.71% of their income on rent here. Kannapolis's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Landis, NC: equally priced homes
- China Grove, NC: equally priced homes
- Concord, NC: higher priced homes
- Rimer, NC: higher priced homes
- Davidson, NC: higher priced homes
- Rockwell, NC: equally priced homes
- Faith, NC: equally priced homes
- Harrisburg, NC: higher priced homes
- Flows Store, NC: higher priced homes
- Mount Pleasant, NC: higher priced homes
Cities with Similar Populations
- Wilmington, CA: higher priced homes
- Rowlett, TX: higher priced homes
- Reston, VA: higher priced homes
- Pico Rivera, CA: higher priced homes
- Albany, OR: higher priced homes
- Moore, OK: equally priced homes
- Midland, MI: equally priced homes
- Tamiami, FL: higher priced homes
- Kapolei, HI: higher priced homes
- Irvington, NJ: higher priced homes
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