The Most Affordable Neighborhoods in Knotts Island, NC by Home Value

 

Knotts Island, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Knotts Island area can be challenging. Home prices in Knotts Island are now at a median cost of $191,284, lower than the North Carolina average of $226,477.

The average cost of rent is $1,105/mo in Knotts Island, primarily driven by the current value of real estate in the Knotts Island area. While nearly 52.74% of residents own their homes outright in Knotts Island, 12.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in Knotts Island is $6,437 per month. Households that rent pay about 17.16% of their income on rent here. Knotts Island's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.


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