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These days, finding an affordable place to live in the Northeast Raleigh area can be challenging. Home prices in Northeast Raleigh are now at a median cost of $325,224, lower than the Raleigh average of $448,953.
The average cost of rent is $1,665/mo in Northeast Raleigh, primarily driven by the current value of real estate in the Northeast Raleigh area. In Northeast Raleigh, 46.02% of households rent, and 25.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Northeast Raleigh is $6,918 per month. Households that rent pay about 24.06% of their income on rent here. Northeast Raleigh’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Falls of Neuse, Raleigh, NC: higher priced homes
- North, Raleigh, NC: higher priced homes
- East Raleigh, Raleigh, NC: higher priced homes
- Six Forks, Raleigh, NC: higher priced homes
- Five Points, Raleigh, NC: higher priced homes
- Mordecai, Raleigh, NC: higher priced homes
- North Central, Raleigh, NC: higher priced homes
- Southeast, Raleigh, NC: less expensive homes
- South Central, Raleigh, NC: higher priced homes
- Glenwood, Raleigh, NC: higher priced homes
Neighborhoods with Similar Populations
- North, Houston, TX: less expensive homes
- Northland, Columbus, OH: less expensive homes
- Northeast, Mesa, AZ: higher priced homes
- Northwest, El Paso, TX: less expensive homes
- Paradise Valley, Phoenix, AZ: higher priced homes
- Astoria, Queens, NY: higher priced homes
- Bensonhurst, Brooklyn, NY: higher priced homes
- Bushwick, Brooklyn, NY: higher priced homes
- Camelback East, Phoenix, AZ: higher priced homes
- Canarsie, Brooklyn, NY: higher priced homes
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