
Home Price Key
These days, finding an affordable place to live in the Westminster area can be challenging. Home prices in Westminster are now at a median cost of $83,652, lower than the North Carolina average of $226,477.
The average cost of rent is $764/mo in Westminster, primarily driven by the current value of real estate in the Westminster area. While nearly 75.93% of residents own their homes outright in Westminster, 15.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Westminster is $3,180 per month. Households that rent pay about 24.02% of their income on rent here. Westminster's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
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