The Most Affordable Neighborhoods in Leicester, NC by Home Value

 

Leicester, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Leicester area can be challenging. Home prices in Leicester are now at a median cost of $184,721, lower than the North Carolina average of $226,477.

The average cost of rent is $898/mo in Leicester, primarily driven by the current value of real estate in the Leicester area. While nearly 53.53% of residents own their homes outright in Leicester, 27.68% rent.

Housing affordability isn’t just about home prices, though. The average household income in Leicester is $4,338 per month. Households that rent pay about 20.70% of their income on rent here. Leicester's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.


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