The Most Affordable Neighborhoods in Laurel Park, NC by Home Value

 

Laurel Park, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Laurel Park area can be challenging. Home prices in Laurel Park are now at a median cost of $286,319, higher than the North Carolina average of $226,477.

The average cost of rent is $1,705/mo in Laurel Park, primarily driven by the current value of real estate in the Laurel Park area. While nearly 36.85% of residents own their homes outright in Laurel Park, 13.31% rent.

Housing affordability isn’t just about home prices, though. The average household income in Laurel Park is $7,566 per month. Households that rent pay about 22.54% of their income on rent here. Laurel Park's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.


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