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Affordable
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These days, finding an affordable place to live in the The Borough area can be challenging. Home prices in The Borough are now at a median cost of $166,500, lower than the North Carolina average of $323,314.
The average cost of rent is $627/mo in The Borough, primarily driven by the current value of real estate in the The Borough area. In The Borough, 11.40% of households rent, and 46.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in The Borough is $4,316 per month. Households that rent pay about 14.53% of their income on rent here. The Borough’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Montague, NC: equally priced homes
- Currie, NC: less expensive homes
- Point Caswell, NC: less expensive homes
- Malpass Corner, NC: equally priced homes
- Hooper Hill, NC: higher priced homes
- Gooseneck, NC: less expensive homes
- Costin, NC: less expensive homes
- Phoenix, NC: higher priced homes
- Atkinson, NC: less expensive homes
- Wards Corner, NC: less expensive homes
Cities with Similar Populations
- Denham, MN: higher priced homes
- Colbert Heights, AL: equally priced homes
- Colony, OK: higher priced homes
- Comfort, NC: less expensive homes
- Concord, NE: equally priced homes
- Concord, TX: equally priced homes
- Congo, AL: equally priced homes
- Corbet, TX: higher priced homes
- Corinne, OK: equally priced homes
- Cornelia, WI: higher priced homes
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