Cost of Living in Alamance County, North Carolina

$1,007/mo
Median Monthly Rent
$221,200
Median Home Value
7% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,007/mo
7% above state average
Median Home Value
$221,200
22% below national
Rent-to-Income Ratio
28.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Alamance County Compares

Median monthly rent comparison

Alamance County$1,007/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$1,007/mo
Median Gross Rent
$221,200
Median Home Value
$993/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Alamance County, North Carolina

Alamance's rent squeeze vs. the nation

Alamance renters spend 18.8% of their income on housing, slightly above the national median of 18.6%—meaning locals shoulder about the same burden as Americans overall. With a median household income of $64,445, Alamance falls short of the national median by $10,310, making each dollar of rent hit harder.

Right in the middle of the pack

Alamance's 18.8% rent-to-income ratio sits just above North Carolina's state average of 18.6%, placing it near the midpoint of county affordability rankings across the state. The county's median rent of $1,007 exceeds the state average of $938 by $69 monthly.

Alamance vs. nearby Piedmont counties

Alamance renters pay significantly more than those in nearby Alexander County ($745/month vs. $1,007/month), but face lower costs than some eastern alternatives. Alamance's homeownership picture is stronger—median home values of $221,200 compete with regional peers while monthly owner costs stay reasonable at $993.

How Alamance dollars split housing

Renters devote $1,007 monthly to gross rent, while homeowners spend $993—a near-even split that reflects the county's mixed housing economy. Between rent and mortgage obligations, Alamance households allocate roughly a fifth of their $64,445 annual income to housing, leaving modest room for other essentials.

Considering Alamance for relocation?

If you're evaluating North Carolina counties, Alamance offers moderate rents and homeownership opportunities near statewide averages—though incomes lag the national norm. Compare this profile against Alexander County (cheaper rents but lower home values) or Avery County (better affordability metrics) to find your best fit.

Affordability Calculator

See how your income compares to housing costs in Alamance County

$

Rent Burden

18.8%

of gross income

Max Housing (28% Rule)

$1,504

per month

Owner Cost Burden

18.5%

of gross income

The median home in Alamance County may be a stretch

Median home value is $221,200. Estimated monthly cost: $1,766 vs. your max of $1,504.

Rent Affordability Guide

Your rent-to-income ratio18.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Alamance County, North Carolina?
Alamance County, North Carolina has a median monthly rent of $1,007/mo and a median home value of $221,200. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Alamance County?
The median gross rent in Alamance County is $1,007/mo. This is 7% above state average for North Carolina.
Is Alamance County affordable?
Alamance County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Alamance County's rent compare to the state average?
Alamance County's median rent of $1,007/mo is 7% above state average of $938/mo for North Carolina.
What is the median home value in Alamance County?
The median home value in Alamance County, North Carolina is $221,200. This is 22% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.