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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 $95,000, lower than the North Dakota average of $273,535.
The average cost of rent is $830/mo in Raleigh, primarily driven by the current value of real estate in the Raleigh area. In Raleigh, 8.90% of households rent, and 73.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Raleigh is $5,833 per month. Households that rent pay about 14.23% of their income on rent here. Raleigh’s most expensive areas are in the central 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
- St. Gertrude, ND: equally priced homes
- Carson, ND: equally priced homes
- Shields, ND: equally priced homes
- Leith, ND: equally priced homes
- Mc Intosh, ND: less expensive homes
- Lark, ND: higher priced homes
- Heil, ND: equally priced homes
- Timmer, ND: higher priced homes
- Flasher, ND: higher priced homes
- Morristown, ND: equally priced homes
Cities with Similar Populations
- Uniontown, IL: higher priced homes
- Cloverland, WA: higher priced homes
- Coal Springs, SD: higher priced homes
- Coalmont, PA: higher priced homes
- Coatopa, AL: higher priced homes
- Cobalt, CT: higher priced homes
- Turner, AR: equally priced homes
- Tuscarora, IL: higher priced homes
- Tuskeegee, NC: higher priced homes
- Tuxedo, TX: less expensive homes
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