Fayetteville, NC, is an iconic Southeastern city. There are countless things to do in the city whether you want to hike or bike the Cape Fear River Trail, explore the 80-acre Cape Fear Botanical Garden, or check out the Fayetteville Dogwood Festival during the spring. No wonder Fayetteville is home to 208,800 people.
If you are looking to buy one House in FayettevilleKnow that the housing market is somewhat competitive, with an average home sales price of $382,000, and an average sales price of $180 per square foot. and for renters, the average rent for a two bedroom Apartments in Fayetteville is approximately $1,180.
If these prices are out of your budget, don’t worry. We’ve put together a list of the 7 best affordable suburbs of Fayetteville, NC to consider living in — and they’re all under a 50-minute drive from downtown. This way, you can live near Fayetteville and all of its great activities without paying the premium price of buying a home or renting an apartment there.
#1: Lumberton
Average home price: $130,250
Average selling price per sq ft: $100
Driving Distance from Fayetteville: 40 minutes
Lumberton, NC homes for sale
Lumberton, NC Apartments for Rent
With a median home sale price of $130,250, Lumberton comes in at number one on our list of Fayetteville, NC’s most affordable suburbs. About 19,000 people live in this suburban area and you’ll be only a 40-minute drive from downtown Fayetteville. If you’re considering visiting the area be sure to spend the morning at Luther Britt Park where you’ll find two lakes and a trail.
#2: Spring Lake
Average home price: $159,500
Average selling price per sq ft: $142
Average rent for a 2-bedroom apartment: $2,632
Driving Distance from Fayetteville: 20 minutes
Spring Lake, NC homes for sale
Spring Lake, NC Apartments for Rent
The second most affordable suburb of Fayetteville is Spring Lake. Just a quick drive to the 80-acre Cape Fear Botanical Gardens, just 20 minutes from the city center. Some of the popular things to do in Spring Lake include hiking and biking trails in the 4,000-acre Carvers Creek State Park filled with pine trees. While living in this suburb of 11,700 people, you can also spend the day exploring the charming city.
#3: Hope Mills
Average home price: $239,250
Average selling price per sq ft: $144
Driving Distance from Fayetteville: 15 minutes
Hope Mills, NC homes for sale
Hope Mills, NC Apartments for Rent
A 15-minute drive from downtown, you’ll find yourself in the suburb of Hope Mills. There are plenty of picturesque and outdoor activities to partake in while staying at Hope Mills. If you find yourself walking here, enjoy the outdoors at the Golfview Greenway Walking Trail and take in the views of Hope Mills Lake.
#4: Dune
Average home price: $260,000
Average selling price per sq ft: $158
Driving Distance from Fayetteville: 30 minute
Dunn, NC homes for sale
Dunn, NC Apartments for Rent
Only slightly more expensive than Hope Mills is the suburb of Dunn. With approximately 8,400 residents in this Fayetteville suburb, be sure to stroll through the charming downtown area.
#5: Spout Springs
Average home price: $317,500
Average selling price per sq ft: $143
Driving Distance from Fayetteville: 30 minute
Spout Springs, NC homes for sale
Spout Springs, NC Apartments for Rent
Another great suburb to consider moving to is Spout Springs, 30 minutes from downtown Fayetteville. With over 11,000 people living in this affordable city, Spout Springs is a great option to consider for living close to Fayetteville without paying a premium for a home in the city. In Spout Springs, you can visit the Carolina Lakes Golf Course and several recreational areas in town.
#6: Sanford
Average home price: $328,000
Average selling price per sq ft: $161
Driving Distance from Fayetteville: 50 minutes
Sanford, NC homes for sale
Sanford, NC Apartments for Rent
Sixth on the list of affordable suburbs of Fayetteville, NC is Sanford, where the average home sale price is about $50K less than in Fayetteville. Home to approximately 30,300 people, Sanford is a great suburb to consider renting or buying a home. You will have easy access to the things that make this suburb stand out. So be sure to visit one of the parks, golf courses or shopping centers.
#7: Anderson Creek
Average home price: $330,000
Average selling price per sq ft: $143
Driving Distance from Fayetteville: 30 minute
Anderson Creek, NC homes for sale
Anderson Creek, NC Apartments for Rent
Completing our list of affordable suburbs of Fayetteville, NC is none other than Anderson Creek. With a population of approximately 13,600, you may be living in a small area, but there is no shortage of things to do in Anderson Creek. If you find yourself visiting this suburb, be sure to explore Anderson Creek County Park.
modus operandi: Affordability is based on whether the suburb’s median home sales price or median sales price per square foot is less than Fayetteville and is less than a 50-minute drive from downtown Fayetteville. median home sale price data Redfin Data Center During March 2023. average rental data rent.com Population data from March 2023. United States Census Bureau,