
Home Price Key
These days, finding an affordable place to live in the Third Ward area can be challenging. Home prices in Third Ward are now at a median cost of $272,294, lower than the Charlotte average of $273,615.
The average cost of rent is $1,564/mo in Third Ward, primarily driven by the current value of real estate in the Third Ward area. While nearly 39.88% of residents own their homes outright in Third Ward, 77.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Third Ward is $8,359 per month. Households that rent pay about 18.72% of their income on rent here. Third Ward's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Fourth Ward, Charlotte, NC: higher priced homes
- Downtown Charlotte, Charlotte, NC: higher priced homes
- Dilworth, Charlotte, NC: higher priced homes
- Enderly Park, Charlotte, NC: less expensive homes
- Ashley Park, Charlotte, NC: less expensive homes
- Elizabeth, Charlotte, NC: higher priced homes
- Sedgefield, Charlotte, NC: higher priced homes
- Plaza Midwood, Charlotte, NC: higher priced homes
- Thomasboro-Hoskins, Charlotte, NC: less expensive homes
- North Charlotte, Charlotte, NC: higher priced homes
Neighborhoods with Similar Populations
- Downtown Rockford, Rockford, IL: less expensive homes
- Urbanizacion Monte Carlo-San Juan, San Juan, PR: less expensive homes
- Urbanizacion Floral Park, San Juan, PR: less expensive homes
- Town of Blake, South Daytona, FL: less expensive homes
- Granite Hills, El Cajon, CA: higher priced homes
- Ghost Town, Laredo, TX: less expensive homes
- Garfield, Pittsburgh, PA: less expensive homes
- East Isles, Minneapolis, MN: higher priced homes
- East Hillside, Duluth, MN: less expensive homes
- East Deering, Portland, ME: equally priced homes
All Local Stats
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