The Most Affordable Neighborhoods in Malpass Corner, NC by Home Value

 

Malpass Corner, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Malpass Corner area can be challenging. Home prices in Malpass Corner are now at a median cost of $121,065, lower than the North Carolina average of $226,477.

The average cost of rent is $674/mo in Malpass Corner, primarily driven by the current value of real estate in the Malpass Corner area. While nearly 50.45% of residents own their homes outright in Malpass Corner, 23.70% rent.

Housing affordability isn’t just about home prices, though. The average household income in Malpass Corner is $3,583 per month. Households that rent pay about 18.81% of their income on rent here. Malpass Corner's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.


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