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These days, finding an affordable place to live in the Padgett area can be challenging. Home prices in Padgett are now at a median cost of $249,872, lower than the North Carolina average of $323,314.
The average cost of rent is $943/mo in Padgett, primarily driven by the current value of real estate in the Padgett area. In Padgett, 29.24% of households rent, and 26.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Padgett is $5,576 per month. Households that rent pay about 16.90% of their income on rent here. Padgett’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Maple Hill, NC: less expensive homes
- Catherine Lake, NC: less expensive homes
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- Jacksonville, NC: less expensive homes
- Richlands, NC: less expensive homes
- Half Moon, NC: equally priced homes
- Cedar Fork, NC: less expensive homes
- Tarawa Terrace, NC: equally priced homes
Cities with Similar Populations
- Prairie City, IA: less expensive homes
- Durand, IL: less expensive homes
- Eagleville, TN: higher priced homes
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- Edmore, MI: less expensive homes
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- English, IN: less expensive homes
- Farmington, MS: less expensive homes
- Lakewood, TN: higher priced homes
- McDermott, OH: less expensive homes
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