Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Northwest Raleigh area can be challenging. Home prices in Northwest Raleigh are now at a median cost of $366,909, higher than the Raleigh average of $307,435.
The average cost of rent is $1,419/mo in Northwest Raleigh, primarily driven by the current value of real estate in the Northwest Raleigh area. While nearly 27.41% of residents own their homes outright in Northwest Raleigh, 44.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Northwest Raleigh is $8,152 per month. Households that rent pay about 17.41% of their income on rent here. Northwest Raleigh's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Six Forks, Raleigh, NC: higher priced homes
- Glenwood, Raleigh, NC: higher priced homes
- Falls of Neuse, Raleigh, NC: equally priced homes
- Wade, Raleigh, NC: higher priced homes
- North, Raleigh, NC: less expensive homes
- Five Points, Raleigh, NC: higher priced homes
- West, Raleigh, NC: less expensive homes
- Hillsborough, Raleigh, NC: higher priced homes
- Mordecai, Raleigh, NC: higher priced homes
- North Central, Raleigh, NC: higher priced homes
Neighborhoods with Similar Populations
- Mid City, Los Angeles, CA: higher priced homes
- Northeast Raleigh, Raleigh, NC: less expensive homes
- East Arlington, Arlington, TX: less expensive homes
- South Scottsdale, Scottsdale, AZ: equally priced homes
- Southwest Dallas, Dallas, TX: less expensive homes
- Tremont, Bronx, NY: higher priced homes
- Bedford Park, Bronx, NY: equally priced homes
- Anacostia, Washington, DC: equally priced homes
- Wedgwood, Fort Worth, TX: less expensive homes
- West, Arlington, TX: less expensive homes
All Local Stats
Home Services
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