Expensive
Affordable
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These days, finding an affordable place to live in the Laurel Bay area can be challenging. Home prices in Laurel Bay are now at a median cost of $274,774, lower than the South Carolina average of $296,593.
The average cost of rent is $1,421/mo in Laurel Bay, primarily driven by the current value of real estate in the Laurel Bay area. In Laurel Bay, 66.83% of households rent, and 37.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laurel Bay is $5,431 per month. Households that rent pay about 26.17% of their income on rent here. Laurel Bay’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Burton, SC: equally priced homes
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- Coosaw, SC: higher priced homes
- Sheldon, SC: higher priced homes
- Old House, SC: equally priced homes
- Port Royal, SC: higher priced homes
- Lobeco, SC: higher priced homes
- Ladys Island, SC: higher priced homes
Cities with Similar Populations
- Glendive, MT: less expensive homes
- St. Anthony, ID: equally priced homes
- Gateway, AK: higher priced homes
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- Spring Arbor, MI: less expensive homes
- Spooner, WI: less expensive homes
- Germantown Hills, IL: equally priced homes
- Gibbstown, NJ: equally priced homes
- Gillsville, GA: equally priced homes
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