Not to mention, with Anderson and Spartanburg also in Fountain Inn's backyard, it's a great place to live if you want quiet, small town living with affordable shopping and entertainment close by. Editor’s Note: We updated this article for 2021. In any case, with loads of parks to choose from, you can have fun in Newton without spending a dime. Trinity is one of the coolest Tar Heel cities. With a $54,598/year median income, we're pretty sure the residents in Trinity are getting their rest. And if you already knew these places were cheap, check out some more reading about North Carolina and the cheapest places in the country: Population: 5,165Rank Last Year: 2 (Up 1)Home Price To Income Ratio: 2.0x (most affordable)Income To Rent Ratio: 78.6x (62nd cheapest)More On Sawmills: Real Estate | Cost Of Living. We aim to deliver bite-sized pieces of infotainment about where you live. This little city in Nash County is our eighth most affordable city in the Tar Heel State for 2021. ... 21 Cheap Old Houses You Can Buy For Under $25,000. 31. Located in the northeastern corner of The Tar Heel State, agriculture and forestry have kept their economy moving in right direction. Once a city with an agricultural-based economy, this Archdale has gravitated towards the traditional with most jobs, now, in manufacturing, healthcare, and tech services. Population: 6,961Rank Last Year: 3 (Down 1)Home Price To Income Ratio: 2.4x (7th most affordable)Income To Rent Ratio: 87.8x (39th cheapest)More On King: Real Estate | Crime Rate | Cost Of Living. These savings are compounded by the fact that Concord residents enjoy a fairly high household income, the median being around $53,000. If you care about home values, cost of living, and high quality of life, take a look at the list below to find the most affordable places in North Carolina, where, yes, you can have it all. The median home price in Albemarle is $119,000, while the median rent is $682. You should consider it, since Buffalo … 5. North Carolina's cities have a lot to offer to all income levels; and surprisingly, it is actually extremely affordable. Hamlet. Unprecedented prices! You might spend more on housing, but you have more money overall to play with. The cost of living is average and it provides a safe friendly atmosphere for the whole family. Zillow has 64,234 homes for sale in North Carolina. Renting in Newton isn't as attractive, as the median rent is $754, which is fairly steep given the city's median income. So we used that cost of living index in order to rank all of the 136 places in North Carolina that have more than 5,000 people. Concord. Chapel Hill. Thinking of moving to the Tar Heel State? You can download the data here. With most U.S. homes costing in the $300,000-$400-000 range, homeownership is often unattainable. When you think of affordable, does it take you back to your childhood? Yes, North Carolina is the best state for those looking for a little good 'ol fashioned, inexpensive fun. The most affordable city in North Carolina for 2021 is Sawmills. SmartAsset, a financial technology company, just released a study revealing the cheapest states to buy a home in. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. To do it right, you'll want to determine what you can afford, which neighborhood will best suit you, and what features you need in a house… You don't have to live on ramen noodles and the McDonald's dollar menu to afford this little North Carolina treasure. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. 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