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Affordable
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These days, finding an affordable place to live in the Southern Shores area can be challenging. Home prices in Southern Shores are now at a median cost of $775,255, higher than the North Carolina average of $323,314.
The average cost of rent is $1,298/mo in Southern Shores, primarily driven by the current value of real estate in the Southern Shores area. In Southern Shores, 7.63% of households rent, and 37.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Southern Shores is $12,395 per month. Households that rent pay about 10.47% of their income on rent here. Southern Shores’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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