The Most Affordable Neighborhoods in Laurel Bay, SC by Home Value

 

Laurel Bay, SC Map of Most Affordable Neighborhoods
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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 $183,491, lower than the South Carolina average of $233,397.

The average cost of rent is $1,288/mo in Laurel Bay, primarily driven by the current value of real estate in the Laurel Bay area. While nearly 38.33% of residents own their homes outright in Laurel Bay, 52.33% rent.

Housing affordability isn’t just about home prices, though. The average household income in Laurel Bay is $4,786 per month. Households that rent pay about 26.90% of their income on rent here. Laurel Bay's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.


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