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These days, finding an affordable place to live in the Moravian Falls area can be challenging. Home prices in Moravian Falls are now at a median cost of $218,713, lower than the North Carolina average of $323,314.
The average cost of rent is $740/mo in Moravian Falls, primarily driven by the current value of real estate in the Moravian Falls area. In Moravian Falls, 23.18% of households rent, and 42.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Moravian Falls is $6,167 per month. Households that rent pay about 12.00% of their income on rent here. Moravian Falls’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wilkesboro, NC: equally priced homes
- Cricket, NC: less expensive homes
- Boomer, NC: less expensive homes
- Vashti, NC: less expensive homes
- North Wilkesboro, NC: less expensive homes
- Purlear, NC: less expensive homes
- Windy Gap, NC: equally priced homes
- Ferguson, NC: less expensive homes
- Hiddenite, NC: equally priced homes
- Love Valley, NC: less expensive homes
Cities with Similar Populations
- Blanco, TX: higher priced homes
- Yuma, CO: less expensive homes
- New London, NH: higher priced homes
- Woodlawn, TN: higher priced homes
- Walthourville, GA: less expensive homes
- Verbena, AL: less expensive homes
- St. Croix Falls, WI: higher priced homes
- South Chicago Heights, IL: less expensive homes
- Riverton, IL: less expensive homes
- Powell Butte, OR: higher priced homes
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