Expensive
Affordable
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These days, finding an affordable place to live in the South River area can be challenging. Home prices in South River are now at a median cost of $535,556, higher than the North Carolina average of $323,314.
The average cost of rent is $944/mo in South River, primarily driven by the current value of real estate in the South River area. In South River, 11.30% of households rent, and 48.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South River is $6,325 per month. Households that rent pay about 14.93% of their income on rent here. South River’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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