Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Central area can be challenging. Home prices in South Central are now at a median cost of $261,816, lower than the Raleigh average of $307,435.
The average cost of rent is $862/mo in South Central, primarily driven by the current value of real estate in the South Central area. While nearly 27.83% of residents own their homes outright in South Central, 59.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Central is $3,399 per month. Households that rent pay about 25.34% of their income on rent here. South Central's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Central, Raleigh, NC: higher priced homes
- North Central, Raleigh, NC: higher priced homes
- Mordecai, Raleigh, NC: higher priced homes
- East Raleigh, Raleigh, NC: higher priced homes
- South, Raleigh, NC: less expensive homes
- Hillsborough, Raleigh, NC: higher priced homes
- Five Points, Raleigh, NC: higher priced homes
- Southwest Raleigh, Raleigh, NC: equally priced homes
- Wade, Raleigh, NC: higher priced homes
- Southeast, Raleigh, NC: less expensive homes
Neighborhoods with Similar Populations
- Bakersfield Country Club, Bakersfield, CA: less expensive homes
- Southeast Redmond, Redmond, WA: higher priced homes
- University of NC at Chapel Hill, Chapel Hill, NC: higher priced homes
- Uptown, Racine, WI: less expensive homes
- Wellswood, Tampa, FL: less expensive homes
- Central City Santa Ana, Santa Ana, CA: higher priced homes
- Central Business District, Pittsburgh, PA: equally priced homes
- West Ocean View, Norfolk, VA: equally priced homes
- Center Pointe, Aurora, CO: higher priced homes
- Carquinez Heights, Vallejo, CA: higher priced homes
All Local Stats
Home Services
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