Expensive
Affordable
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These days, finding an affordable place to live in the Pembroke area can be challenging. Home prices in Pembroke are now at a median cost of $131,489, lower than the North Carolina average of $323,314.
The average cost of rent is $785/mo in Pembroke, primarily driven by the current value of real estate in the Pembroke area. In Pembroke, 37.65% of households rent, and 70.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pembroke is $3,012 per month. Households that rent pay about 26.07% of their income on rent here. Pembroke’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Prospect, NC: less expensive homes
- Philadelphus, NC: less expensive homes
- Buie, NC: less expensive homes
- Elrod, NC: less expensive homes
- Barnesville, NC: less expensive homes
- Maxton, NC: less expensive homes
- Wakulla, NC: less expensive homes
- Rowland, NC: less expensive homes
- Raynham, NC: less expensive homes
- Rennert, NC: less expensive homes
Cities with Similar Populations
- Lake Forest Park, WA: higher priced homes
- Sanger, TX: higher priced homes
- Sandpoint, ID: higher priced homes
- Loris, SC: higher priced homes
- Lindenhurst, IL: higher priced homes
- Lexington, VA: higher priced homes
- Lexington, TN: higher priced homes
- Lantana, FL: higher priced homes
- Lakeland Village, CA: higher priced homes
- Lake Wylie, SC: higher priced homes
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