The Most Affordable Neighborhoods in Orange County, NC by Home Value

 

Orange County, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Orange County area can be challenging. Home prices in Orange County are now at a median cost of $504,869, higher than the North Carolina average of $323,314.

The average cost of rent is $1,507/mo in Orange County, primarily driven by the current value of real estate in the Orange County area. In Orange County, 36.16% of households rent, and 41.04% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Orange County is $8,364 per month. Households that rent pay about 18.02% of their income on rent here. Orange County’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the county.

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


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