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Affordable
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These days, finding an affordable place to live in the Laurel area can be challenging. Home prices in Laurel are now at a median cost of $333,100, higher than the North Carolina average of $323,314.
The average cost of rent is $411/mo in Laurel, primarily driven by the current value of real estate in the Laurel area. In Laurel, 29.27% of households rent, and 61.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laurel is $3,057 per month. Households that rent pay about 13.45% of their income on rent here. Laurel’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cutshalltown, NC: equally priced homes
- Stackhouse, NC: less expensive homes
- Whitesand, TN: less expensive homes
- Foster Creek, NC: equally priced homes
- Hot Springs, NC: less expensive homes
- Ivy Ridge, NC: less expensive homes
- Walnut, NC: less expensive homes
- Paint Rock, NC: less expensive homes
- Marshall, NC: equally priced homes
- Camp Creek, TN: less expensive homes
Cities with Similar Populations
- Okobojo, SD: equally priced homes
- Raynor, VA: less expensive homes
- Raymer, CO: higher priced homes
- Rapides, LA: less expensive homes
- Orange Bend, FL: less expensive homes
- Ophelia, VA: equally priced homes
- Opheim, MT: less expensive homes
- Olena, IL: less expensive homes
- Okolona, OH: less expensive homes
- Razor, TX: less expensive homes
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