The Most Affordable Neighborhoods in Spout Springs, NC by Home Value

 

Spout Springs, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Spout Springs area can be challenging. Home prices in Spout Springs are now at a median cost of $201,775, lower than the North Carolina average of $226,477.

The average cost of rent is $1,466/mo in Spout Springs, primarily driven by the current value of real estate in the Spout Springs area. While nearly 61.78% of residents own their homes outright in Spout Springs, 90.23% rent.

Housing affordability isn’t just about home prices, though. The average household income in Spout Springs is $5,212 per month. Households that rent pay about 28.13% of their income on rent here. Spout Springs's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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