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These days, finding an affordable place to live in the Shallotte area can be challenging. Home prices in Shallotte are now at a median cost of $280,743, lower than the North Carolina average of $323,314.
The average cost of rent is $1,205/mo in Shallotte, primarily driven by the current value of real estate in the Shallotte area. In Shallotte, 21.55% of households rent, and 50.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shallotte is $5,763 per month. Households that rent pay about 20.92% of their income on rent here. Shallotte’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Supply, NC: less expensive homes
- Ocean Isle Beach, NC: higher priced homes
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- Holden Beach, NC: higher priced homes
- Sunset Beach, NC: higher priced homes
- Regan, NC: less expensive homes
- Varnamtown, NC: higher priced homes
- Lennon Crossroads, NC: higher priced homes
- Longwood, NC: less expensive homes
- Ash, NC: less expensive homes
Cities with Similar Populations
- Fulton, MS: less expensive homes
- South Point, OH: less expensive homes
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- Haleiwa, HI: higher priced homes
- Goshen, OH: less expensive homes
- Good Hope, CA: higher priced homes
- Gateway, FL: higher priced homes
- Garnet Valley, PA: higher priced homes
- Gardnerville Ranchos, NV: higher priced homes
- Gardiner, ME: less expensive homes
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