The Most Affordable Neighborhoods in Providence Estates East, Matthews, NC by Home Value

 

Providence Estates East, Matthews, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Providence Estates East area can be challenging. Home prices in Providence Estates East are now at a median cost of $484,335, higher than the Matthews average of $450,411.

The average cost of rent is $2,381/mo in Providence Estates East, primarily driven by the current value of real estate in the Providence Estates East area. In Providence Estates East, 10.91% of households rent, and 34.18% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Providence Estates East is $10,386 per month. Households that rent pay about 22.93% of their income on rent here. Providence Estates East’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.

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


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