Home prices
The median home cost in Arapahoe is $107,800. Compared to nearby areas this is about $94,660 (46%) lower.Compared to the country as a whole it is roughly $109,700 (50%) lower, and is about $138,600 (56%) lower in comparison to the city of Wilmington.
Rents
In Arapahoe the median monthly rent is $685. In comparison to the surrounding areas this is roughly $269 (28%) lower.In comparison to the United States as a whole it is roughly $377 (35%) lower, and it is approximately $313 (31%) lower compared to the city of Wilmington.
Nearby places
Minnesott Beach
Minnesott Beach is Arapahoe's neighbor to the south. Its real estate prices are a lot more expensive. The median home in Minnesott Beach costs $197,000, which works out to $89,200 (45%) higher than Arapahoe. Rents there are substantially more expensive. Minnesott Beach's median monthly rent is $1,051, which comes out to $366 (34%) higher than Arapahoe.
Neuse Forest
Neuse Forest is roughly 6 miles southwest from Arapahoe. Its housing prices are significantly more expensive. Neuse Forest's median home cost is $218,900, which works out to $111,100 (50%) higher than Arapahoe. The rent there is substantially more expensive. Neuse Forest's median rent is $1,136 a month, which works out to $451 (39%) higher than Arapahoe.
Oriental
Oriental is about 7 miles east from Arapahoe. Its housing prices are substantially more expensive. The price of the median home in Oriental is $273,300, which works out to $165,500 (60%) higher than Arapahoe. Its rents are a bit more expensive. In Oriental the median monthly rent is $963, which is $278 (28%) higher than Arapahoe.
Fairfield Harbour
Fairfield Harbour is about 7 miles northwest from Arapahoe. The real estate prices there are substantially more expensive. The median home in Fairfield Harbour is valued at $207,700, which is $99,900 (48%) higher than Arapahoe. Its rents are a lot more expensive. Fairfield Harbour's median rent is $1,293 per month, which works out to $608 (47%) higher than Arapahoe.
Alliance
Alliance is approximately 8 miles north from Arapahoe. Its real estate prices are a little more expensive. The median home value in Alliance is $115,400, which comes out to $7,600 (6%) higher than Arapahoe. The rent there is a lot less expensive. The median monthly rent in Alliance is $329, which is $356 (108%) lower than Arapahoe.
