Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Wedgewood area can be challenging. Home prices in Wedgewood are now at a median cost of $344,921, lower than the Charlotte average of $392,082.
The average cost of rent is $1,706/mo in Wedgewood, primarily driven by the current value of real estate in the Wedgewood area. In Wedgewood, 78.95% of households rent, and 12.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wedgewood is $5,404 per month. Households that rent pay about 31.57% of their income on rent here. Wedgewood’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Beatties Ford-Trinity, Charlotte, NC: less expensive homes
- West Sugar Creek, Charlotte, NC: less expensive homes
- Slater Park, Charlotte, NC: less expensive homes
- Davis Lake-Eastfield, Charlotte, NC: equally priced homes
- Nevin Community, Charlotte, NC: less expensive homes
- Firestone-Garden Park, Charlotte, NC: less expensive homes
- Rockwell Park-Hemphill Heights, Charlotte, NC: less expensive homes
- Oakdale South, Charlotte, NC: less expensive homes
- Prosperity Church Road, Charlotte, NC: equally priced homes
- Derita-Statesville, Charlotte, NC: less expensive homes
Neighborhoods with Similar Populations
- Bear Creek, Lakewood, CO: higher priced homes
- Old Allentown, Allentown, PA: less expensive homes
- Coronado, El Paso, TX: less expensive homes
- Coolidge Corner, Brookline, MA: higher priced homes
- Carriage Place, Aurora, CO: higher priced homes
- Cane Ridge, Antioch, TN: higher priced homes
- Bloomfield, Pittsburgh, PA: less expensive homes
- Berwick, Columbus, OH: equally priced homes
- Windsor Road, Austin, TX: higher priced homes
- The Paseos, Las Vegas, NV: higher priced homes
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