Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Otto area can be challenging. Home prices in Otto are now at a median cost of $191,600, lower than the North Carolina average of $226,477.
The average cost of rent is $757/mo in Otto, primarily driven by the current value of real estate in the Otto area. While nearly 46.04% of residents own their homes outright in Otto, 26.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Otto is $5,095 per month. Households that rent pay about 14.86% of their income on rent here. Otto's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Dillard, GA: higher priced homes
- Scaly Mountain, NC: higher priced homes
- Sky Valley, GA: equally priced homes
- Rabun Gap, GA: equally priced homes
- Franklin, NC: less expensive homes
- Mountain City, GA: less expensive homes
- Ellijay, NC: less expensive homes
- Germany, GA: equally priced homes
- Sugarfork, NC: higher priced homes
- Highlands, NC: higher priced homes
Cities with Similar Populations
- Blue Springs, MS: less expensive homes
- Bunker Hill, IL: less expensive homes
- Fiskdale, MA: higher priced homes
- Cliffwood, NJ: higher priced homes
- Pequot Lakes, MN: higher priced homes
- Kingsbury, TX: equally priced homes
- Lone Oak, TX: less expensive homes
- Lowes Island, VA: higher priced homes
- Manito, IL: less expensive homes
- Milan, NM: less expensive homes
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