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These days, finding an affordable place to live in the Reid area can be challenging. Home prices in Reid are now at a median cost of $583,129, higher than the North Carolina average of $323,314.
The average cost of rent is $1,357/mo in Reid, primarily driven by the current value of real estate in the Reid area. In Reid, 19.09% of households rent, and 41.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reid is $9,534 per month. Households that rent pay about 14.23% of their income on rent here. Reid’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake Toxaway, NC: less expensive homes
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- Rocky Bottom, SC: less expensive homes
- Cashiers, NC: equally priced homes
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- Nine Times, SC: less expensive homes
Cities with Similar Populations
- Newdale, WV: less expensive homes
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- Nassau Village, FL: higher priced homes
- New Bremen, NY: less expensive homes
- New Burnside, IL: less expensive homes
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- New Pittsburg, OH: less expensive homes
- New Rockport Colony, MT: less expensive homes
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