Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Raleigh area can be challenging. Home prices in Raleigh are now at a median cost of $137,168, lower than the Georgia average of $231,203.
The average cost of rent is $682/mo in Raleigh, primarily driven by the current value of real estate in the Raleigh area. While nearly 47.14% of residents own their homes outright in Raleigh, 26.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Raleigh is $3,602 per month. Households that rent pay about 18.92% of their income on rent here. Raleigh's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Johnson Crossroads, GA: equally priced homes
- Warm Springs, GA: less expensive homes
- Woodbury, GA: less expensive homes
- Manchester, GA: less expensive homes
- Durand, GA: less expensive homes
- Chalybeate Springs, GA: less expensive homes
- Shiloh, GA: equally priced homes
- Hendricks, GA: equally priced homes
- Greenville, GA: less expensive homes
- White Sulphur Springs, GA: less expensive homes
Cities with Similar Populations
- Pedro, FL: higher priced homes
- Percy, NH: higher priced homes
- Pepper, WV: higher priced homes
- Pentress, WV: higher priced homes
- Penrose, AR: less expensive homes
- Pennys, AR: less expensive homes
- Pennline, PA: less expensive homes
- Pendair Heights, OR: higher priced homes
- Peel, OR: higher priced homes
- Perdue Hill, AL: less expensive homes
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