The Most Affordable Neighborhoods in Waco, NC by Home Value

 

Waco, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Waco area can be challenging. Home prices in Waco are now at a median cost of $97,677, lower than the North Carolina average of $226,477.

The average cost of rent is $866/mo in Waco, primarily driven by the current value of real estate in the Waco area. While nearly 58.81% of residents own their homes outright in Waco, 28.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in Waco is $3,955 per month. Households that rent pay about 21.89% of their income on rent here. Waco's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.


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