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These days, finding an affordable place to live in the Triangle area can be challenging. Home prices in Triangle are now at a median cost of $434,607, lower than the Virginia average of $443,089.
The average cost of rent is $1,483/mo in Triangle, primarily driven by the current value of real estate in the Triangle area. In Triangle, 34.39% of households rent, and 21.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Triangle is $8,831 per month. Households that rent pay about 16.79% of their income on rent here. Triangle’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Quantico Base, VA: less expensive homes
- Dumfries, VA: equally priced homes
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- Neabsco, VA: higher priced homes
- Montclair, VA: higher priced homes
- Widewater, VA: equally priced homes
- Doncaster, MD: equally priced homes
- Ruby, VA: less expensive homes
- Woodbridge, VA: equally priced homes
Cities with Similar Populations
- Hernando, FL: less expensive homes
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- Wonder Lake, IL: less expensive homes
- Independence, LA: less expensive homes
- Independence, KS: less expensive homes
- Ilion, NY: less expensive homes
- Hyrum, UT: equally priced homes
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