Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Asheboro city, North Carolina?
City · Census ACS 5-Year estimates
The median gross rent in Asheboro city, North Carolina is $906/month (±$40), based on Census ACS 5-Year estimates (2024). The median home value is $188,100 (±$22,062), and the median household income is $47,197/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Asheboro city, North Carolina
| Metric | Value |
|---|---|
| Median Gross Rent | $906 |
| Median Home Value | $188,100 |
| Median Household Income | $47,197 |
| Total Housing Units | 11,884 |
| Renter-Occupied Units | 6,479 |
| Renter-Occupied Share | 55% |
| Households Paying 50%+ Income | 1,449 households |
How does Asheboro city, North Carolina compare?
Median gross rent ranked against all cities in North Carolina.
Higher rent than 45% of cities in North Carolina · 341th of 614
| # | City | Value |
|---|---|---|
| 1 | Carolina Meadows CDP | $3,501 |
| 1 | Fearrington Village CDP | $3,501 |
| 3 | Wesley Chapel village | $3,191 |
| … 337 more … | ||
| 341 | Asheboro city(you are here) | $906 |
| … 270 more … | ||
| 612 | Kenansville town | $384 |
| 613 | Robbinsville town | $364 |
| 614 | Elk Park town | $241 |
More data for Asheboro city, North Carolina
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Frequently asked questions
What is the average rent in Asheboro city, North Carolina?
The median gross rent in Asheboro city, North Carolina is $906/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Asheboro city, North Carolina?
The median rent for a 2-bedroom in Asheboro city, North Carolina is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Asheboro city, North Carolina?
The median home value in Asheboro city, North Carolina is $188,100 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Asheboro city are rent-burdened?
In Asheboro city, North Carolina, 1,449 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Asheboro city, North Carolina?
The median household income in Asheboro city, North Carolina is $47,197/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $906 has a margin of error of ±$40. In very small areas, MOEs can be large relative to the estimate.
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