The Most Affordable Neighborhoods in Lake Lure, NC by Home Value

 

Lake Lure, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake Lure area can be challenging. Home prices in Lake Lure are now at a median cost of $301,153, higher than the North Carolina average of $226,477.

The average cost of rent is $1,076/mo in Lake Lure, primarily driven by the current value of real estate in the Lake Lure area. While nearly 49.25% of residents own their homes outright in Lake Lure, 23.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lake Lure is $4,686 per month. Households that rent pay about 22.96% of their income on rent here. Lake Lure's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.


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