Expensive
Affordable
Affordable
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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 $462,588, higher than the North Carolina average of $323,314.
The average cost of rent is $1,285/mo in Lake Lure, primarily driven by the current value of real estate in the Lake Lure area. In Lake Lure, 17.69% of households rent, and 55.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Lure is $5,596 per month. Households that rent pay about 22.96% of their income on rent here. Lake Lure’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chimney Rock Village, NC: higher priced homes
- Shingle Hollow, NC: less expensive homes
- Sunny View, NC: less expensive homes
- Chimney Rock, NC: less expensive homes
- Moffitt Hill, NC: less expensive homes
- Green Hill, NC: less expensive homes
- Mill Spring, NC: less expensive homes
- Pea Ridge, NC: less expensive homes
- Gerton, NC: less expensive homes
- Union Mills, NC: less expensive homes
Cities with Similar Populations
- Shaftsbury, VT: less expensive homes
- Idaho Springs, CO: equally priced homes
- Inverness Highlands North, FL: less expensive homes
- Jonesboro, IL: less expensive homes
- Kempton, PA: less expensive homes
- Kilmarnock, VA: equally priced homes
- Orchard City, CO: less expensive homes
- Orion, IL: less expensive homes
- Prospect, PA: less expensive homes
- Roseland, LA: less expensive homes
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