Cost of Living in Caldwell County, North Carolina

$735/mo
Median Monthly Rent
$174,000
Median Home Value
22% below state averageUnaffordable

At a Glance

Median Monthly Rent
$735/mo
22% below state average
Median Home Value
$174,000
38% below national
Rent-to-Income Ratio
24.0%
% 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 Caldwell County Compares

Median monthly rent comparison

Caldwell County$735/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$735/mo
Median Gross Rent
$174,000
Median Home Value
$661/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Caldwell County, North Carolina

Caldwell offers exceptional national value

Caldwell County renters spend just 15.9% of their income on rent—among the lowest ratios nationally and well below the U.S. average. With median rent of $735 and median household income of $55,401, Caldwell delivers genuine affordability without sacrificing housing quality.

North Carolina's affordability champion

Caldwell's 15.9% rent-to-income ratio ranks among the best in North Carolina, beating the state average of 18.6% by nearly 3 percentage points. The median rent of $735 is the lowest in this sample, paired with favorable income-to-cost ratios.

Unmatched affordability among peers

Caldwell's 15.9% rent-to-income ratio surpasses all seven comparison counties, including nearby Burke County (17.4%) and Buncombe County (21.8%). The $735 median rent is the county's competitive edge, attracting cost-conscious households across the region.

Lowest-cost housing of all counties

Caldwell renters pay just $735 monthly while homeowners spend $661, with a median home value of $174,000—the second-lowest in this group. Housing costs consume under 16% of the $55,401 median income, among the healthiest ratios available.

Caldwell: unbeatable mountain affordability

Relocate to Caldwell for some of North Carolina's lowest absolute housing costs: $735 rent, $174,000 median home values, and a 15.9% rent-to-income ratio. The trade-off is lower median incomes, but for retirees, remote workers, and budget-first families, Caldwell is hard to beat.

Affordability Calculator

See how your income compares to housing costs in Caldwell County

$

Rent Burden

15.9%

of gross income

Max Housing (28% Rule)

$1,293

per month

Owner Cost Burden

14.3%

of gross income

The median home in Caldwell County may be a stretch

Median home value is $174,000. Estimated monthly cost: $1,389 vs. your max of $1,293.

Rent Affordability Guide

Your rent-to-income ratio15.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Caldwell County, North Carolina?
Caldwell County, North Carolina has a median monthly rent of $735/mo and a median home value of $174,000. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Caldwell County?
The median gross rent in Caldwell County is $735/mo. This is 22% below state average for North Carolina.
Is Caldwell County affordable?
Caldwell County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Caldwell County's rent compare to the state average?
Caldwell County's median rent of $735/mo is 22% below state average of $938/mo for North Carolina.
What is the median home value in Caldwell County?
The median home value in Caldwell County, North Carolina is $174,000. This is 38% 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.