Inflation is through the roof. Gas cost me over $50 to fill up my small car this morning. Oh, and my rent is going up $200 more a month. I’m tempted to just never leave my house and eat ramen for the rest of my life. But somehow there is good news. The Mountaineer is reporting that two North Carolina towns have some of the lowest rent in the country. And these prices? Are to die for. Yes, you’d have to go a little outside of the major cities, but it could be worth it for these prices.
How does an average rent of $708 or $753 a month sound? Like a dream? Both can be found in North Carolina. One SC town also made this list.
All data used in this story on rent prices and home values are five-year estimates from the U.S. Census Bureau’s 2020 American Community Survey. The below rankings are according to The Mountaineer. View the full article here.
Two North Carolina Times Have Some Of The Lowest Rent In The Country
1. Johnstown, PA
Median monthly rent ($): 635
Median home value ($): 94,900
Share of housing units occupied by renters (%): 25.3
2. Weirton-Steubenville, WV-OH
Median monthly rent ($): 650
Median home value ($): 95,400
Share of housing units occupied by renters (%): 29.0
3. Wheeling, WV-OH
Median monthly rent ($): 657
Median home value ($): 115,200
Share of housing units occupied by renters (%): 25.5
4. Decatur, AL
Median monthly rent ($): 666
Median home value ($): 137,600
Share of housing units occupied by renters (%): 26.5
5. Gadsden, AL
Median monthly rent ($): 676
Median home value ($): 124,400
Share of housing units occupied by renters (%): 27
6. Mansfield, OH
Median monthly rent ($): 677
Median home value ($): 115,100
Share of housing units occupied by renters (%): 33.1
https://www.instagram.com/p/Cev3YmouHWb/
7. Kingsport-Bristol, TN-VA
Median monthly rent ($): 678
Median home value ($): 140,800
Share of housing units occupied by renters (%): 26.5
8. Bay City, MI
Median monthly rent ($): 679
Median home value ($): 106,400
Share of housing units occupied by renters (%): 23.9
9. Youngstown-Warren-Boardman, OH-PA
Median monthly rent ($): 683
Median home value ($): 110,300
Share of housing units occupied by renters (%): 29.7
10. Florence-Muscle Shoals, AL
Median monthly rent ($): 683
Median home value ($): 140,000
Share of housing units occupied by renters (%): 30.7
11. Danville, IL
Median monthly rent ($): 683
Median home value ($): 80,900
Share of housing units occupied by renters (%): 29.2
12. Jefferson City, MO
Median monthly rent ($): 686
Median home value ($): 162,100
Share of housing units occupied by renters (%): 28.3
13. Decatur, IL
Median monthly rent ($): 690
Median home value ($): 103,100
Share of housing units occupied by renters (%): 30.9
14. Beckley, WV
Median monthly rent ($): 691
Median home value ($): 104,100
Share of housing units occupied by renters (%): 24.3
15. Carbondale-Marion, IL
Median monthly rent ($): 696
Median home value ($): 118,300
Share of housing units occupied by renters (%): 37.2
https://www.instagram.com/p/CLqbjjdpaQD/
16. Fort Smith, AR-OK
Median monthly rent ($): 701
Median home value ($): 119,500
Share of housing units occupied by renters (%): 33.8
17. Pocatello, ID
Median monthly rent ($): 702
Median home value ($): 165,800
Share of housing units occupied by renters (%): 31.7
18. Cumberland, MD-WV
Median monthly rent ($): 708
Median home value ($): 131,300
Share of housing units occupied by renters (%): 28.3
19. Hickory-Lenoir-Morganton, NC
Median monthly rent ($): 708
Median home value ($): 139,100
Share of housing units occupied by renters (%): 26.6
20. Parkersburg-Vienna, WV
Median monthly rent ($): 710
Median home value ($): 123,800
Share of housing units occupied by renters (%): 27.2
21. Morristown, TN
Median monthly rent ($): 715
Median home value ($): 142,800
Share of housing units occupied by renters (%): 28.2
22. Anniston-Oxford, AL
Median monthly rent ($): 720
Median home value ($): 121,600
Share of housing units occupied by renters (%): 29.6
23. Dalton, GA
Median monthly rent ($): 721
Median home value ($): 136,800
Share of housing units occupied by renters (%): 32.8
24. Lima, OH
Median monthly rent ($): 722
Median home value ($): 120,300
Share of housing units occupied by renters (%): 33.3
25. Muncie, IN
Median monthly rent ($): 725
Median home value ($): 96,600
Share of housing units occupied by renters (%): 35.5
26. Pine Bluff, AR
Median monthly rent ($): 726
Median home value ($): 85,700
Share of housing units occupied by renters (%): 34.8
27. Charleston, WV
Median monthly rent ($): 728
Median home value ($): 110,100
Share of housing units occupied by renters (%): 27.5
28. Johnson City, TN
Median monthly rent ($): 734
Median home value ($): 152,600
Share of housing units occupied by renters (%): 33.0
29. Huntington-Ashland, WV-KY-OH
Median monthly rent ($): 736
Median home value ($): 123,900
Share of housing units occupied by renters (%): 28.3
30. Monroe, LA
Median monthly rent ($): 739
Median home value ($): 134,500
Share of housing units occupied by renters (%): 36.8
31. Terre Haute, IN
Median monthly rent ($): 730
Median home value ($): 99,700
Share of housing units occupied by renters (%): 40.8
32. Altoona, PA
Median monthly rent ($): 741
Median home value ($): 128,200
Share of housing units occupied by renters (%): 29.7
33. Kokomo, IN
Median monthly rent ($): 743
Median home value ($): 113,900
Share of housing units occupied by renters (%): 27.9
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34. Dothan, AL
Median monthly rent ($): 744
Median home value ($): 131,600
Share of housing units occupied by renters (%): 30.3
35. Sheboygan, WI
Median monthly rent ($): 744
Median home value ($): 165,400
Share of housing units occupied by renters (%): 29.7
36. Brownsville-Harlingen, TX
Median monthly rent ($): 746
Median home value ($): 89,700
Share of housing units occupied by renters (%): 33.8
37. Joplin, MO
Median monthly rent ($): 748
Median home value ($): 126,200
Share of housing units occupied by renters (%): 33.6
38. Canton-Massillon, OH
Median monthly rent ($): 750
Median home value ($): 138,300
Share of housing units occupied by renters (%): 31.2
39. McAllen-Edinburg-Mission, TX
Median monthly rent ($): 753
Median home value ($): 90,000
Share of housing units occupied by renters (%): 32.0
40. Texarkana, TX-AR
Median monthly rent ($): 753
Median home value ($): 114,100
Share of housing units occupied by renters (%): 34.2
41. Rocky Mount, NC
Median monthly rent ($): 753
Median home value ($): 115,400
Share of housing units occupied by renters (%): 36.4
42. Florence, SC
Median monthly rent ($): 754
Median home value ($): 125,100
Share of housing units occupied by renters (%): 33.0
43. Niles, MI
Median monthly rent ($): 757
Median home value ($): 157,500
Share of housing units occupied by renters (%): 28.8
44. Springfield, OH
Median monthly rent ($): 757
Median home value ($): 120,500
Share of housing units occupied by renters (%): 32.9
45. Erie, PA
Median monthly rent ($): 758
Median home value ($): 138,500
Share of housing units occupied by renters (%): 33.0
46. Utica-Rome, NY
Median monthly rent ($): 760
Median home value ($): 127,000
Share of housing units occupied by renters (%): 30.1
47. Jonesboro, AR
Median monthly rent ($): 761
Median home value ($): 136,000
Share of housing units occupied by renters (%): 42.9
48. Lewiston, ID-WA
Median monthly rent ($): 762
Median home value ($): 207,200
Share of housing units occupied by renters (%): 27.3
49. Michigan City-La Porte, IN
Median monthly rent ($): 763
Median home value ($):
Share of housing units occupied by renters (%):
50. Las Cruces, NM
Median monthly rent ($): 765
Median home value ($): 153,600
Share of housing units occupied by renters (%): 35.4
