Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South area can be challenging. Home prices in South are now at a median cost of $170,780, lower than the Raleigh average of $307,435.
The average cost of rent is $1,251/mo in South, primarily driven by the current value of real estate in the South area. While nearly 24.87% of residents own their homes outright in South, 37.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in South is $4,479 per month. Households that rent pay about 27.92% of their income on rent here. South's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- South Central, Raleigh, NC: higher priced homes
- Southeast, Raleigh, NC: equally priced homes
- Central, Raleigh, NC: higher priced homes
- East Raleigh, Raleigh, NC: higher priced homes
- North Central, Raleigh, NC: higher priced homes
- Southwest Raleigh, Raleigh, NC: higher priced homes
- Mordecai, Raleigh, NC: higher priced homes
- Hillsborough, Raleigh, NC: higher priced homes
- Five Points, Raleigh, NC: higher priced homes
- Wade, Raleigh, NC: higher priced homes
Neighborhoods with Similar Populations
- Upper Vailsburg, Newark, NJ: higher priced homes
- Back of the Yards, Chicago, IL: less expensive homes
- Bassett, West Puente Valley, CA: higher priced homes
- Bay Terraces, San Diego, CA: higher priced homes
- Beach Haven, Jacksonville, FL: higher priced homes
- Belair, Augusta, GA: less expensive homes
- Bronxdale, Bronx, NY: higher priced homes
- Burns Park, Ann Arbor, MI: higher priced homes
- 19th Ward, Rochester, NY: less expensive homes
- Printers Row, Chicago, IL: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood