Similar to nearby areas, it is significantly less expensive compared to the US as a whole. Compared to the city of Raleigh, it is substantially less expensive.
Home prices
Rocky Mount's median home cost is $113,100. It is is very similar compared to its surrounding areas.It is roughly $104,400 (48%) lower compared to the rest of the nation, and in comparison to the city of Raleigh it is about $135,200 (54%) lower.
Rents
Rocky Mount's median monthly rent is $793. In comparison to its surrounding areas it is about $37 (4%) higher.Compared to the United States as a whole it is about $269 (25%) lower, and in comparison to the city of Raleigh it is about $328 (29%) lower.
Nearby places
Dortches
Dortches is Rocky Mount's neighbor to the northwest. Housing prices there are significantly more expensive. The median home in Dortches is valued at $186,200, which comes out to $73,100 (39%) higher than Rocky Mount. The rent there is a little more expensive. The median monthly rent in Dortches is $902, which comes out to $109 (12%) higher than Rocky Mount.
Sharpsburg
Sharpsburg is approximately 7 miles south from Rocky Mount. The real estate prices there are substantially less expensive. The value of the median home in Sharpsburg is $83,000, which works out to $30,100 (36%) lower than Rocky Mount. Its rents are similar. Sharpsburg's median rent is $764 per month, which works out to $29 (3%) lower than Rocky Mount.
Nashville
Nashville is about 7 miles west of Rocky Mount. Real estate prices there are somewhat more expensive. The value of the median home in Nashville is $136,900, which comes out to $23,800 (17%) higher than Rocky Mount. The rent there is a bit more expensive. Nashville's median monthly rent is $865, which is $72 (8%) higher than Rocky Mount.
Whitakers
Whitakers is roughly 10 miles northeast from Rocky Mount. The housing prices there are a lot less expensive. The value of the median home in Whitakers is $82,900, which is $30,200 (36%) lower than Rocky Mount. Rents there are a little less expensive. In Whitakers the median rent is $609 per month, which works out to $184 (30%) lower than Rocky Mount.
Elm City
Elm City is roughly 11 miles south from Rocky Mount. Housing prices there are a lot less expensive. The median home in Elm City costs $82,100, which works out to $31,000 (37%) lower than Rocky Mount. Its rents are somewhat less expensive. Elm City's median monthly rent is $638, which is $155 (24%) lower than Rocky Mount.
