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Finding a Deal: The 4 Cheapest Places to Live in North Carolina
Thinking of moving to North Carolina? Well, it has a lot to offer.
With places near the mountains or the beach, cities or suburbs, you can find what you want here.
Let’s take a look at the cheapest places to live in North Carolina.
Why North Carolina?
North Carolina is becoming very popular for “transplants”, or people migrating to different cities. 3 of the state’s cities are ranked among the 35 fastest growing cities in the country.
This is because North Carolina offers a lot of great amenities. From stunning geographical sights to mild winter temperatures, the scenery is incredible year-round.
Places like Durham County are situated in the middle of the state, giving their residents a reasonable 2-3 hour drive from the ocean and the Appalachian mountains.
Beyond the scenery, the state offers a very unique vibe. With so many people coming from different backgrounds, a lot of cultures influence the region.
North Carolina is known for its hospitality, moderate politics, and a relaxed environment.
The best part is that many areas of the state come at very affordable prices. Let’s talk about that.
The 4 Cheapest Places to Live in North Carolina
North Carolina, as a whole, is more affordable than the national average.
As most people know, buying a home in a city is more expensive than in rural areas. We will include both for people with different needs in a new location.
1. Concord
Concord is a small city in Carrabus County with a population of around 94,000.
The average rent price has been on the rise, according to RentCafe, currently at $1,017 a month for a one-bedroom.
This may be a bit out of your price range, but there’s one great fact. The average home price is $168,300. Compare that to the national average of over $300,000.
This is a great area if you want a smaller city to avoid traffic and still get a feel for city life.
2. Winston-Salem
Winston-Salem is a very affordable pair of cities in Forsyth County, with average rent prices at $792 per month for a one-bedroom apartment.
If that’s not appealing, the average cost of a home is only $132,500.
The twin cities of North Carolina offer several benefits, including:
- Medium size – While still a larger city, Winston-Salem has a population of around 244,000. If you want a city vibe, but aren’t a fan of major cities like Charlotte or Raleigh, this may be the place for you.
- Attractions – These cities offer 15 different museums of almost anything you want to learn about. For sports fans, it is also home of the BB&T football stadium.
- Scenery – Winston-Salem is located right near the mountains. This is a great spot for a nice view and some more mild summers.
Check out https://www.winstonsalemhomes4sale.com for more information.
3. Sawmills
This is for people looking for a rural area to move to, with a population of only 5,100 people.
While the apartment industry isn’t booming here, the average cost of a home is only around $110,000.
While fairly isolated, Sawmills is only an hour drive to Charlotte and other cities, and very close to the mountains.
4. Eden
Eden is a nice, suburban area with a population of over 15,000. Bordering at the north
It may surprise you to learn that the average home price in Eden is only $44,000. People buy cars for more!
Even if repairs are involved, this is extremely affordable. If you are looking to repair a home, or purchase a fixer-upper, here are some helpful home improvement tips.
Eden offers very easy drives of less than an hour to cities like Greensboro and Winston-Salem. From Greensboro, located in the center of the state, you are conveniently close to Raleigh, the capital city.
Eden is also located right on the border with Virginia, for easy access to another state.
Next Steps
If you think you are ready to move, there are a lot of important considerations to know before jumping in.
North Carolina is a great area on the east coast. Mild winters, warm summers, and lots of great options for outdoorsy people or city-dwellers.
Now that you know the cheapest places to live in North Carolina, keep doing your research, and look into buying the best property for your needs!
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Kaya Wittenburg
Kaya Wittenburg is the Founder and CEO of Sky Five Properties. Since the age of 10, real estate has been deeply ingrained into his thoughts. With world-class negotiation and deal-making skills, he brings a highly impactful presence into every transaction that he touches.
He is here to help you use real estate as a vehicle to develop your own personal empire and feel deeply satisfied along the way. If you have an interest in buying, selling or renting property in South Florida, contact Kaya today.