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These days, finding an affordable place to live in the Midland area can be challenging. Home prices in Midland are now at a median cost of $393,621, higher than the North Carolina average of $323,314.
The average cost of rent is $1,351/mo in Midland, primarily driven by the current value of real estate in the Midland area. In Midland, 13.94% of households rent, and 22.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midland is $9,749 per month. Households that rent pay about 13.86% of their income on rent here. Midland’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Flows Store, NC: higher priced homes
- Stanfield, NC: less expensive homes
- Georgeville, NC: higher priced homes
- Locust, NC: less expensive homes
- Harrisburg, NC: higher priced homes
- Mint Hill, NC: equally priced homes
- Red Cross, NC: less expensive homes
- Hemby Bridge, NC: equally priced homes
- Concord, NC: less expensive homes
- New Salem, NC: less expensive homes
Cities with Similar Populations
- Redding, CT: higher priced homes
- Metter, GA: less expensive homes
- Mexia, TX: less expensive homes
- Micco, FL: less expensive homes
- Middlebury, VT: higher priced homes
- Middlesex, NC: less expensive homes
- Middleton, MA: higher priced homes
- Middletown, KY: less expensive homes
- Milton, WV: less expensive homes
- Monee, IL: less expensive homes
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