Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ravenel area can be challenging. Home prices in Ravenel are now at a median cost of $307,197, higher than the South Carolina average of $233,397.
The average cost of rent is $938/mo in Ravenel, primarily driven by the current value of real estate in the Ravenel area. While nearly 49.01% of residents own their homes outright in Ravenel, 18.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ravenel is $5,038 per month. Households that rent pay about 18.61% of their income on rent here. Ravenel's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Hollywood, SC: equally priced homes
- Jericho, SC: equally priced homes
- Red Top, SC: higher priced homes
- Meggett, SC: higher priced homes
- Yonges Island, SC: higher priced homes
- Fenwick Hills, SC: higher priced homes
- Osborn, SC: less expensive homes
- Adams Run, SC: less expensive homes
- Johns Island, SC: higher priced homes
- Wadmalaw Island, SC: higher priced homes
Cities with Similar Populations
- Lebanon Junction, KY: less expensive homes
- Bar Harbor, ME: higher priced homes
- Barboursville, VA: equally priced homes
- Barling, AR: less expensive homes
- Barre, MA: less expensive homes
- Barrett, TX: less expensive homes
- Barrington Hills, IL: higher priced homes
- Quitman, TX: less expensive homes
- Lewisburg, OH: less expensive homes
- Leoma, TN: less expensive homes
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