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

 

Orange Factory, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Orange Factory area can be challenging. Home prices in Orange Factory are now at a median cost of $271,378, higher than the North Carolina average of $226,477.

The average cost of rent is $1,260/mo in Orange Factory, primarily driven by the current value of real estate in the Orange Factory area. While nearly 29.97% of residents own their homes outright in Orange Factory, 12.57% rent.

Housing affordability isn’t just about home prices, though. The average household income in Orange Factory is $6,515 per month. Households that rent pay about 19.35% of their income on rent here. Orange Factory's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.


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