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 $162,163, lower than the North Carolina average of $226,477.

The average cost of rent is $764/mo in Laurel Springs, primarily driven by the current value of real estate in the Laurel Springs area. While nearly 65.89% of residents own their homes outright in Laurel Springs, 16.81% rent.

Housing affordability isn’t just about home prices, though. The average household income in Laurel Springs is $3,120 per month. Households that rent pay about 24.50% of their income on rent here. Laurel Springs's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.


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