| Raleigh, NC | |
|---|---|
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| State | North Carolina |
| Population | 464,485 |
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Compared to other places in this area, Raleigh is somewhat less expensive, and it's somewhat more expensive compared to the entire nation.
The median home value in Raleigh is $248,300. It is roughly $33,083 (11%) lower compared to other places in this area.Compared to the entire nation it is approximately $30,800 (14%) higher.
Raleigh's median rent is $1,121 per month. In comparison to its surrounding areas this is approximately $18 (1%) lower.Compared to the entire country it is roughly $59 (5%) higher.
Knightdale is Raleigh's neighbor to the east. The housing prices there are a little less expensive. The median home price in Knightdale is $196,600, which works out to $51,700 (26%) lower than Raleigh. The rent there is similar. Knightdale's median rent is $1,161 a month, which works out to $40 (3%) higher than Raleigh.
Cary is Raleigh's neighbor to the southwest. Housing prices there are somewhat more expensive. The median home in Cary is valued at $356,400, which comes out to $108,100 (30%) higher than Raleigh. The rent there is somewhat more expensive. The median monthly rent in Cary is $1,246, which works out to $125 (10%) higher than Raleigh.
Garner is Raleigh's neighbor to the south. Housing prices there are a little less expensive. Garner's median home price is $190,000, which comes out to $58,300 (30%) lower than Raleigh. Rents there are fairly similar. Garner's median rent is $1,122 a month, which is very similar to Raleigh.
Wake Forest is Raleigh's neighbor to the northeast. Its real estate prices are a little more expensive. The median home in Wake Forest costs $297,300, which is $49,000 (16%) higher than Raleigh. Rents there are similar. Wake Forest's median rent is $1,117 a month, which is very similar to Raleigh.
Morrisville is approximately 9 miles west of Raleigh. Real estate prices there are a bit more expensive. Morrisville's median home cost is $331,800, which works out to $83,500 (25%) higher than Raleigh. The rent there is a bit more expensive. In Morrisville the median monthly rent is $1,398, which comes out to $277 (19%) higher than Raleigh.
Rolesville is approximately 10 miles northeast from Raleigh. Housing prices there are a little more expensive. The median home in Rolesville is valued at $316,200, which comes out to $67,900 (21%) higher than Raleigh. Rent there is substantially less expensive. Rolesville's median rent is $788 per month, which comes out to $333 (42%) lower than Raleigh.