The Most Affordable Neighborhoods in Mount Gilead, NC by Home Value

 

Mount Gilead, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mount Gilead area can be challenging. Home prices in Mount Gilead are now at a median cost of $178,498, lower than the North Carolina average of $226,477.

The average cost of rent is $652/mo in Mount Gilead, primarily driven by the current value of real estate in the Mount Gilead area. While nearly 54.79% of residents own their homes outright in Mount Gilead, 18.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mount Gilead is $4,583 per month. Households that rent pay about 14.22% of their income on rent here. Mount Gilead's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.


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