The Most Affordable Neighborhoods in Murray Town, NC by Home Value

 

Murray Town, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Murray Town area can be challenging. Home prices in Murray Town are now at a median cost of $202,863, lower than the North Carolina average of $323,314.

The average cost of rent is $694/mo in Murray Town, primarily driven by the current value of real estate in the Murray Town area. In Murray Town, 10.61% of households rent, and 52.78% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Murray Town is $5,397 per month. Households that rent pay about 12.85% of their income on rent here. Murray Town’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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