The Most Affordable Neighborhoods in University of NC at Chapel Hill, Chapel Hill, NC by Home Value

 

University of NC at Chapel Hill, Chapel Hill, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the University of NC at Chapel Hill area can be challenging. Home prices in University of NC at Chapel Hill are now at a median cost of $492,684, higher than the Chapel Hill average of $295,262.

The average cost of rent is $1,134/mo in University of NC at Chapel Hill, primarily driven by the current value of real estate in the University of NC at Chapel Hill area. While nearly 40.24% of residents own their homes outright in University of NC at Chapel Hill, 92.01% rent.

Housing affordability isn’t just about home prices, though. The average household income in University of NC at Chapel Hill is $3,240 per month. Households that rent pay about 35.00% of their income on rent here. University of NC at Chapel Hill's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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