The Most Affordable Neighborhoods in Tar Heel, NC by Home Value

 

Tar Heel, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tar Heel area can be challenging. Home prices in Tar Heel are now at a median cost of $85,757, lower than the North Carolina average of $226,477.

The average cost of rent is $891/mo in Tar Heel, primarily driven by the current value of real estate in the Tar Heel area. While nearly 63.02% of residents own their homes outright in Tar Heel, 29.28% rent.

Housing affordability isn’t just about home prices, though. The average household income in Tar Heel is $2,794 per month. Households that rent pay about 31.89% of their income on rent here. Tar Heel's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.


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