The Most Affordable Neighborhoods in Olive Grove, NC by Home Value

 

Olive Grove, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Olive Grove area can be challenging. Home prices in Olive Grove are now at a median cost of $105,402, lower than the North Carolina average of $226,477.

The average cost of rent is $596/mo in Olive Grove, primarily driven by the current value of real estate in the Olive Grove area. While nearly 53.48% of residents own their homes outright in Olive Grove, 15.86% rent.

Housing affordability isn’t just about home prices, though. The average household income in Olive Grove is $3,833 per month. Households that rent pay about 15.55% of their income on rent here. Olive Grove's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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