Expensive
Affordable
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These days, finding an affordable place to live in the Lenoir area can be challenging. Home prices in Lenoir are now at a median cost of $183,795, lower than the North Carolina average of $323,314.
The average cost of rent is $760/mo in Lenoir, primarily driven by the current value of real estate in the Lenoir area. In Lenoir, 29.55% of households rent, and 53.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lenoir is $4,737 per month. Households that rent pay about 16.04% of their income on rent here. Lenoir’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cajahs Mountain, NC: equally priced homes
- Cedar Rock, NC: higher priced homes
- Gamewell, NC: higher priced homes
- Hudson, NC: equally priced homes
- Sawmills, NC: higher priced homes
- Yadkin Valley, NC: equally priced homes
- Granite Falls, NC: higher priced homes
- Collettsville, NC: less expensive homes
- Chesterfield, NC: higher priced homes
- Kings Creek, NC: less expensive homes
Cities with Similar Populations
- Bell, CA: higher priced homes
- North Ridgeville, OH: higher priced homes
- Sapulpa, OK: higher priced homes
- San Luis, AZ: higher priced homes
- Ruskin, FL: higher priced homes
- Roseburg, OR: higher priced homes
- Reisterstown, MD: higher priced homes
- Ramona, CA: higher priced homes
- Prior Lake, MN: higher priced homes
- Placerville, CA: higher priced homes
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