The Most Affordable Neighborhoods in Walnut, NC by Home Value

 

Walnut, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Walnut area can be challenging. Home prices in Walnut are now at a median cost of $119,661, lower than the North Carolina average of $226,477.

The average cost of rent is $765/mo in Walnut, primarily driven by the current value of real estate in the Walnut area. While nearly 71.69% of residents own their homes outright in Walnut, 26.04% rent.

Housing affordability isn’t just about home prices, though. The average household income in Walnut is $3,203 per month. Households that rent pay about 23.88% of their income on rent here. Walnut's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.


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