
Housing costs in Ellerbe?
A typical home costs
$114,500, which is 66.1% less expensive than the national average of
$338,100 and 60.4% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Ellerbe costs
$810 per month, which is 27.0% cheaper than the national average of
$1,110 and 4.9% more than the state average of
$770.
Can I afford Ellerbe?
To live comfortably in Ellerbe (zip 28338), North Carolina, a minimum annual income of
$21,960 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Ellerbe?
The cost of living in 28338 Ellerbe, NC is relatively low when compared to the national average. The median home price is just under $80,000, and rents remain affordable at an average of $600 a month. Property taxes are also below the national average at just over 1%. With costs this low, it's no surprise that many families and retirees have chosen to call 28338 Ellerbe home. The combination of affordable housing costs and nearby amenities make it a great choice for those looking for an affordable place to live.