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Affordable
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These days, finding an affordable place to live in the Menola area can be challenging. Home prices in Menola are now at a median cost of $126,264, lower than the North Carolina average of $323,314.
The average cost of rent is $700/mo in Menola, primarily driven by the current value of real estate in the Menola area. In Menola, 20.87% of households rent, and 51.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Menola is $5,397 per month. Households that rent pay about 12.97% of their income on rent here. Menola’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woodland, NC: less expensive homes
- Murfreesboro, NC: equally priced homes
- Creeksville, NC: equally priced homes
- Earley, NC: less expensive homes
- Eagletown, NC: equally priced homes
- Aulander, NC: equally priced homes
- Pleasant Plains, NC: equally priced homes
- Ahoskie, NC: higher priced homes
- Conway, NC: equally priced homes
- Lasker, NC: less expensive homes
Cities with Similar Populations
- Kensett, IA: higher priced homes
- Lewisburg, MS: higher priced homes
- Leslie, AR: higher priced homes
- Langlois, OR: higher priced homes
- Lambsburg, VA: higher priced homes
- Lakeside, MA: higher priced homes
- Lake Center, MS: less expensive homes
- Kismet, KS: higher priced homes
- Kibbie, MI: higher priced homes
- Rowe, MA: higher priced homes
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