Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Waves area can be challenging. Home prices in Waves are now at a median cost of $271,000, higher than the North Carolina average of $226,477.
The average cost of rent is $1,168/mo in Waves, primarily driven by the current value of real estate in the Waves area. While nearly 64.23% of residents own their homes outright in Waves, 18.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waves is $2,865 per month. Households that rent pay about 40.77% of their income on rent here. Waves's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Rodanthe, NC: equally priced homes
- Salvo, NC: equally priced homes
- Engelhard, NC: less expensive homes
- Middletown, NC: less expensive homes
- Nebraska, NC: less expensive homes
- Gulrock, NC: less expensive homes
- Fairfield, NC: less expensive homes
- Swanquarter, NC: less expensive homes
- Rose Bay, NC: less expensive homes
- Scranton, NC: less expensive homes
Cities with Similar Populations
- Sample Run, PA: less expensive homes
- Little Utica, NY: less expensive homes
- Little Valley, CA: higher priced homes
- Lively Grove, IL: less expensive homes
- Lockington, OH: less expensive homes
- Long, OH: less expensive homes
- Maxcy Quarters, FL: less expensive homes
- McKendree, VA: less expensive homes
- Rose Hill, GA: less expensive homes
- Rural, IN: less expensive homes
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