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

 

Laurel Springs, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Laurel Springs area can be challenging. Home prices in Laurel Springs are now at a median cost of $219,730, lower than the North Carolina average of $323,314.

The average cost of rent is $788/mo in Laurel Springs, primarily driven by the current value of real estate in the Laurel Springs area. In Laurel Springs, 16.76% of households rent, and 55.20% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Laurel Springs is $5,504 per month. Households that rent pay about 14.31% of their income on rent here. Laurel Springs’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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