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These days, finding an affordable place to live in the North Charlotte area can be challenging. Home prices in North Charlotte are now at a median cost of $534,928, higher than the Charlotte average of $392,082.
The average cost of rent is $1,674/mo in North Charlotte, primarily driven by the current value of real estate in the North Charlotte area. In North Charlotte, 55.06% of households rent, and 26.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in North Charlotte is $8,238 per month. Households that rent pay about 20.32% of their income on rent here. North Charlotte’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Plaza-Shamrock, Charlotte, NC: less expensive homes
- Sugaw Creek, Charlotte, NC: less expensive homes
- Plaza Midwood, Charlotte, NC: higher priced homes
- Country Club Heights, Charlotte, NC: equally priced homes
- Shannon Park, Charlotte, NC: less expensive homes
- Hidden Valley, Charlotte, NC: less expensive homes
- Briarcreek-Woodland, Charlotte, NC: less expensive homes
- Fourth Ward, Charlotte, NC: less expensive homes
- Elizabeth, Charlotte, NC: higher priced homes
- Windsor Park, Charlotte, NC: less expensive homes
Neighborhoods with Similar Populations
- Highwood, Hamden, CT: less expensive homes
- Southside, Louisville, KY: less expensive homes
- Southeast Springfield, Springfield, MO: less expensive homes
- Mid-Hillside, Anchorage, AK: higher priced homes
- Lucas, Iowa City, IA: less expensive homes
- Lindsay Park, Milwaukee, WI: less expensive homes
- Lakewood, Jacksonville, FL: less expensive homes
- Kent Corner, Riverside, RI: less expensive homes
- Kensington, San Diego, CA: higher priced homes
- Kaseberg-Kingswood, Roseville, CA: higher priced homes
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