Cost to Own
United States › Rankings › North Carolina Counties ranked 100 Data vintage ACS 2023 5-Year

Ranked from ACS 2023 5-Year

Highest Price-to-Rent Ratios in North Carolina

The counties where a home costs the most years of rent. A high ratio does not mean a place is overpriced. It can also mean rents are held down, or that buyers are paying for land, schools or a view that a renter cannot get at any price. It does mean the arithmetic of buying rests more on what the house is worth later and less on what it saves you each month. Median home value over twelve months of median gross rent, both Census five-year estimates.

Where does yours land? Every county in America is somewhere on this scale, including the one you live in.

North Carolina ranked

#County Price-to-rentMedian homeMedian rent
1 Chatham County 31.1 yrs$397,800$1,066
2 Transylvania County 30.8 yrs$336,100$909
3 Madison County 28.7 yrs$263,500$764
4 Clay County 27.7 yrs$263,300$791
5 Dare County 27.1 yrs$425,400$1,307
6 Currituck County 26.0 yrs$351,200$1,126
7 Orange County 25.7 yrs$428,500$1,387
8 Watauga County 25.1 yrs$321,500$1,066
9 Jackson County 24.7 yrs$253,900$855
10 Avery County 24.6 yrs$233,200$791
11 Swain County 24.5 yrs$209,800$715
12 Macon County 24.1 yrs$229,000$791
13 Ashe County 23.9 yrs$221,900$774
14 Carteret County 23.9 yrs$304,200$1,062
15 Lincoln County 23.8 yrs$279,500$977
16 Henderson County 23.6 yrs$317,800$1,120
17 Buncombe County 23.4 yrs$360,000$1,281
18 Wake County 23.4 yrs$422,800$1,508
19 Yancey County 23.0 yrs$222,300$807
20 Mitchell County 22.6 yrs$202,100$744
21 Union County 22.4 yrs$374,400$1,390
22 Graham County 22.3 yrs$155,800$581
23 Moore County 22.2 yrs$315,300$1,181
24 Chowan County 22.2 yrs$204,400$766
25 Johnston County 22.1 yrs$267,600$1,007
26 Davie County 22.1 yrs$235,300$889
27 Alleghany County 22.0 yrs$199,000$755
28 New Hanover County 21.9 yrs$353,700$1,343
29 Cherokee County 21.7 yrs$208,700$800
30 Stanly County 21.5 yrs$214,300$830
31 Polk County 21.5 yrs$281,100$1,089
32 Alexander County 21.3 yrs$190,000$745
33 Pender County 20.8 yrs$267,100$1,072
34 Durham County 20.7 yrs$351,700$1,415
35 Brunswick County 20.7 yrs$314,700$1,267
36 Iredell County 20.6 yrs$292,300$1,183
37 Catawba County 20.4 yrs$218,100$891
38 Cabarrus County 20.4 yrs$318,600$1,303
39 Mecklenburg County 20.3 yrs$371,200$1,521
40 Stokes County 20.3 yrs$186,800$766
41 Franklin County 20.3 yrs$240,900$988
42 Haywood County 20.2 yrs$254,900$1,052
43 Person County 20.2 yrs$192,800$796
44 Rutherford County 20.1 yrs$180,800$748
45 Yadkin County 20.0 yrs$176,400$734
46 Camden County 19.8 yrs$289,800$1,220
47 Caldwell County 19.7 yrs$174,000$735
48 Granville County 19.5 yrs$235,700$1,008
49 Davidson County 19.3 yrs$200,100$863
50 Pamlico County 19.2 yrs$209,800$909
51 McDowell County 18.9 yrs$168,300$741
52 Tyrrell County 18.8 yrs$138,400$612
53 Wilkes County 18.8 yrs$161,400$715
54 Surry County 18.7 yrs$166,400$741
55 Lee County 18.5 yrs$213,800$962
56 Alamance County 18.3 yrs$221,200$1,007
57 Rowan County 18.2 yrs$216,100$990
58 Forsyth County 18.1 yrs$227,800$1,046
59 Gaston County 18.0 yrs$235,000$1,085
60 Caswell County 18.0 yrs$151,200$699
61 Cleveland County 18.0 yrs$180,200$835
62 Guilford County 17.7 yrs$234,900$1,108
63 Burke County 17.7 yrs$170,500$805
64 Beaufort County 17.6 yrs$181,200$859
65 Harnett County 17.0 yrs$220,700$1,080
66 Randolph County 16.7 yrs$171,600$857
67 Pitt County 16.7 yrs$194,300$971
68 Montgomery County 16.6 yrs$150,300$753
69 Perquimans County 16.6 yrs$211,600$1,061
70 Rockingham County 16.5 yrs$156,000$789
71 Pasquotank County 16.2 yrs$223,300$1,146
72 Wilson County 15.6 yrs$171,800$915
73 Craven County 15.6 yrs$206,200$1,100
74 Hoke County 15.6 yrs$196,000$1,047
75 Nash County 15.4 yrs$171,100$924
76 Onslow County 15.3 yrs$219,500$1,198
77 Wayne County 14.5 yrs$162,700$932
78 Gates County 14.5 yrs$163,900$940
79 Vance County 14.2 yrs$146,300$860
80 Jones County 14.1 yrs$122,600$725
81 Bladen County 13.9 yrs$125,800$752
82 Columbus County 13.8 yrs$128,300$775
83 Richmond County 13.5 yrs$120,800$744
84 Warren County 13.5 yrs$124,700$771
85 Cumberland County 13.2 yrs$183,700$1,156
86 Sampson County 13.2 yrs$128,400$811
87 Duplin County 12.6 yrs$123,200$815
88 Martin County 12.6 yrs$109,900$729
89 Scotland County 12.0 yrs$109,900$766
90 Edgecombe County 11.9 yrs$116,800$818
91 Anson County 11.7 yrs$119,300$849
92 Hertford County 11.5 yrs$111,100$806
93 Lenoir County 11.4 yrs$111,400$814
94 Northampton County 11.4 yrs$102,200$749
95 Greene County 11.2 yrs$114,000$845
96 Halifax County 11.0 yrs$102,500$776
97 Washington County 10.8 yrs$107,000$829
98 Bertie County 9.7 yrs$95,800$824
99 Robeson County 9.4 yrs$88,600$784
100 Hyde County 8.1 yrs$119,600$1,237

Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.

Nationwide

Highest Price-to-Rent Ratios across all 3,133 US counties · Every county in North Carolina

Other rankings

All 31 rankings