The Most Affordable Neighborhoods in Rowan County, NC by Home Value

 

Rowan County, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rowan County area can be challenging. Home prices in Rowan County are now at a median cost of $162,340, lower than the North Carolina average of $226,477.

The average cost of rent is $833/mo in Rowan County, primarily driven by the current value of real estate in the Rowan County area. While nearly 42.06% of residents own their homes outright in Rowan County, 28.26% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rowan County is $4,791 per month. Households that rent pay about 17.38% of their income on rent here. Rowan County's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the county.


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