Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ranlo area can be challenging. Home prices in Ranlo are now at a median cost of $147,705, lower than the North Carolina average of $226,477.
The average cost of rent is $1,092/mo in Ranlo, primarily driven by the current value of real estate in the Ranlo area. While nearly 33.15% of residents own their homes outright in Ranlo, 36.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ranlo is $5,591 per month. Households that rent pay about 19.53% of their income on rent here. Ranlo's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Lowell, NC: equally priced homes
- McAdenville, NC: higher priced homes
- Gastonia, NC: higher priced homes
- Dallas, NC: higher priced homes
- Cramerton, NC: higher priced homes
- Mount Holly, NC: higher priced homes
- Belmont, NC: higher priced homes
- Stanley, NC: higher priced homes
- Mariposa, NC: higher priced homes
- Springwood, NC: higher priced homes
Cities with Similar Populations
- Byron, MI: higher priced homes
- Surf City, NC: higher priced homes
- Monroe, IA: equally priced homes
- Haubstadt, IN: higher priced homes
- Helenwood, TN: less expensive homes
- Hemlock Farms, PA: higher priced homes
- Meeker, OK: less expensive homes
- Hinckley, MN: higher priced homes
- Canterbury, CT: higher priced homes
- McClure, PA: equally priced homes
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