Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wake County area can be challenging. Home prices in Wake County are now at a median cost of $336,400, higher than the North Carolina average of $226,477.
The average cost of rent is $1,386/mo in Wake County, primarily driven by the current value of real estate in the Wake County area. While nearly 27.02% of residents own their homes outright in Wake County, 32.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wake County is $8,286 per month. Households that rent pay about 16.72% of their income on rent here. Wake County's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the county.
Nearby Counties
- Chatham County, NC: equally priced homes
- Wilson County, NC: less expensive homes
- Randolph County, NC: less expensive homes
- Davidson County, NC: less expensive homes
- Martin County, NC: less expensive homes
- Rowan County, NC: less expensive homes
- Washington County, NC: less expensive homes
- Iredell County, NC: less expensive homes
- Tyrrell County, NC: less expensive homes
- Alexander County, NC: less expensive homes
Counties with Similar Populations
- Hudson County, NJ: higher priced homes
- Hartford County, CT: less expensive homes
- Contra Costa County, CA: higher priced homes
- Shelby County, TN: less expensive homes
- Collin County, TX: higher priced homes
- Snohomish County, WA: higher priced homes
- Cobb County, GA: less expensive homes
- Hennepin County, MN: equally priced homes
- Hidalgo County, TX: less expensive homes
- Hillsborough County, FL: less expensive homes
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