Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rain Tree area can be challenging. Home prices in Rain Tree are now at a median cost of $455,014, higher than the Charlotte average of $273,615.
The average cost of rent is $1,300/mo in Rain Tree, primarily driven by the current value of real estate in the Rain Tree area. While nearly 36.02% of residents own their homes outright in Rain Tree, 31.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rain Tree is $7,393 per month. Households that rent pay about 17.58% of their income on rent here. Rain Tree's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Piper Glen Estates, Charlotte, NC: equally priced homes
- Olde Providence South, Charlotte, NC: higher priced homes
- Wessex Square, Charlotte, NC: equally priced homes
- Hembstead, Charlotte, NC: higher priced homes
- Oxford Hunt, Charlotte, NC: equally priced homes
- Carmel, Charlotte, NC: equally priced homes
- Providence Plantation, Charlotte, NC: equally priced homes
- Providence Crossing, Charlotte, NC: higher priced homes
- Ballantyne East, Charlotte, NC: equally priced homes
- Johnston-McAlpine, Charlotte, NC: less expensive homes
Neighborhoods with Similar Populations
- Brightwood, Springfield, MA: less expensive homes
- Canterbury, Mobile, AL: less expensive homes
- Castle Manor, Milwaukee, WI: less expensive homes
- Coffey Park, Santa Rosa, CA: higher priced homes
- East Terrell Hills, San Antonio, TX: less expensive homes
- Findlay Downtown Historic District, Findlay, OH: less expensive homes
- Floral Park, Butte, MT: less expensive homes
- Goodrich-Kirtland Park, Cleveland, OH: less expensive homes
- Hamilton Hills, Schenectady, NY: less expensive homes
- Molholm Two Creeks, Edgewater, CO: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood