Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spring Lake area can be challenging. Home prices in Spring Lake are now at a median cost of $137,276, lower than the North Carolina average of $226,477.
The average cost of rent is $1,031/mo in Spring Lake, primarily driven by the current value of real estate in the Spring Lake area. While nearly 35.96% of residents own their homes outright in Spring Lake, 55.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spring Lake is $4,170 per month. Households that rent pay about 24.72% of their income on rent here. Spring Lake's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Pope Air Force Base, NC: equally priced homes
- Overhills, NC: higher priced homes
- Spout Springs, NC: higher priced homes
- Fort Bragg, NC: equally priced homes
- Bunnlevel, NC: higher priced homes
- Slocomb, NC: higher priced homes
- Linden, NC: higher priced homes
- Norrington Crossroads, NC: higher priced homes
- Cameron, NC: higher priced homes
- Olivia, NC: equally priced homes
Cities with Similar Populations
- Dixon, CA: higher priced homes
- Walker, LA: higher priced homes
- Vernal, UT: higher priced homes
- Troy, AL: higher priced homes
- Travelers Rest, SC: higher priced homes
- Sunset, FL: higher priced homes
- Sunny Isles Beach, FL: higher priced homes
- Ellijay, GA: higher priced homes
- Easton, MD: higher priced homes
- East Ridge, TN: equally priced homes
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