The Most Affordable Neighborhoods in Sherwood Forest, Charlotte, NC by Home Value

 

Sherwood Forest, Charlotte, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sherwood Forest area can be challenging. Home prices in Sherwood Forest are now at a median cost of $673,039, higher than the Charlotte average of $392,082.

The average cost of rent is $1,941/mo in Sherwood Forest, primarily driven by the current value of real estate in the Sherwood Forest area. In Sherwood Forest, 27.34% of households rent, and 28.07% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sherwood Forest is $12,222 per month. Households that rent pay about 15.88% of their income on rent here. Sherwood Forest’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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