Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Rowan County, North Carolina?
County · Census ACS 5-Year estimates
The median gross rent in Rowan County, North Carolina is $1,013/month (±$35), based on Census ACS 5-Year estimates (2024). The median home value is $238,400 (±$7,874), and the median household income is $65,725/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Rowan County, North Carolina and Neighbouring Counties
Housing Metrics for Rowan County, North Carolina
| Metric | Value |
|---|---|
| Median Gross Rent | $1,013 |
| Median Home Value | $238,400 |
| Median Household Income | $65,725 |
| Total Housing Units | 58,899 |
| Renter-Occupied Units | 16,306 |
| Renter-Occupied Share | 28% |
| Households Paying 50%+ Income | 3,841 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| 1 BR | $870 | +38.8% |
| 2 BR | $991 | +23.9% |
| 3 BR | $1,106 | +13.9% |
| 4 BR | $1,924 | +36.2% |
| 5+ BR | $3,139 | n/a |
How does Rowan County, North Carolina compare?
Median gross rent ranked against all counties in North Carolina.
Higher rent than 63% of counties in North Carolina · 38th of 100
| # | County | Value |
|---|---|---|
| 1 | Mecklenburg County | $1,627 |
| 2 | Wake County | $1,623 |
| 3 | Durham County | $1,508 |
| … 34 more … | ||
| 38 | Rowan County(you are here) | $1,013 |
| … 59 more … | ||
| 98 | Graham County | $676 |
| 99 | Alleghany County | $675 |
| 100 | Tyrrell County | $644 |
More data for Rowan County, North Carolina
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Frequently asked questions
What is the average rent in Rowan County, North Carolina?
The median gross rent in Rowan County, North Carolina is $1,013/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 Rowan County, North Carolina?
The median rent for a 2-bedroom in Rowan County, North Carolina is $991/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$46. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Rowan County, North Carolina?
The median home value in Rowan County, North Carolina is $238,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Rowan County are rent-burdened?
In Rowan County, North Carolina, 3,841 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 Rowan County, North Carolina?
The median household income in Rowan County, North Carolina is $65,725/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 $1,013 has a margin of error of ±$35. In very small areas, MOEs can be large relative to the estimate.
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