Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morehead City area can be challenging. Home prices in Morehead City are now at a median cost of $281,971, higher than the North Carolina average of $226,477.
The average cost of rent is $1,141/mo in Morehead City, primarily driven by the current value of real estate in the Morehead City area. While nearly 42.07% of residents own their homes outright in Morehead City, 35.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morehead City is $5,590 per month. Households that rent pay about 20.42% of their income on rent here. Morehead City's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Mansfield, NC: higher priced homes
- Atlantic Beach, NC: higher priced homes
- Mill Creek, NC: less expensive homes
- Pine Knoll Shores, NC: higher priced homes
- Beaufort, NC: less expensive homes
- Newport, NC: less expensive homes
- Indian Beach, NC: higher priced homes
- Salter Path, NC: higher priced homes
- Bettie, NC: less expensive homes
- Harlowe, NC: less expensive homes
Cities with Similar Populations
- Kenmore, NY: less expensive homes
- Shawano, WI: less expensive homes
- Sharonville, OH: less expensive homes
- Seven Oaks, SC: less expensive homes
- Seven Corners, VA: higher priced homes
- Kingston, MA: higher priced homes
- Killen, AL: less expensive homes
- Key Largo, FL: higher priced homes
- Key Biscayne, FL: higher priced homes
- Kewanee, IL: less expensive homes
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