CostBy County

Cost of Living in Forsyth County, North Carolina

$1,098/mo
Median Monthly Rent
$250,400
Median Home Value

At a Glance

Median Monthly Rent
$1,098/mo
12% above state average
Median Home Value
$250,400
25% below national
Census GRAPI
29.6%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Forsyth County Compares

Median monthly rent comparison

Forsyth County$1,098/mo
North Carolina Average$977/mo
National Median$1,413/mo

Detailed Housing Stats

$1,098/mo
Median Gross Rent
$250,400
Median Home Value
$1,090/mo
Monthly Owner Cost
29.6%
Census GRAPI

National Ranking

Affordability Rank

Forsyth County ranks #2,404 of 3,142 counties for affordability (bottom 23%)

Most AffordableLeast Affordable

Sourced county brief

Forsyth County Median Gross Rent Reaches $1,098 per Month

In Forsyth County, the median gross rent was estimated at $1,098 per month, a figure that is $121 higher than the North Carolina unweighted county mean of $977. The median home value was recorded at $250,400, which is above the state unweighted county mean of $235,312. For homeowners across all units, the median selected monthly owner cost was $1,090, compared to the unweighted county mean of $927. The median renter-household income in the county was $43,013. The official Gross Rent as a Percentage of Household Income (GRAPI) from ACS table B25071 was 29.6%. This official metric differs by 0.7 percentage points from the North Carolina unweighted county mean GRAPI of 28.9%. These figures are provided as a snapshot for the 2020-2024 period using the acs5-2020-2024 dataset and cost-brief-v1 methodology. Data was last reviewed on 2026-07-10. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Forsyth County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.6% of renter household income in Forsyth County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,098 per month; median selected monthly owner costs are $1,090. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $43,920 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The North Carolina unweighted mean of county median rents is $977 per month. Forsyth County's $1,098 median is 12.4% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Forsyth County

$

Rent Burden

19.6%

of gross income

Max Housing (28% Rule)

$1,567

per month

Owner Cost Burden

19.5%

of gross income

The median home in Forsyth County may be a stretch

Median home value is $250,400. Estimated monthly cost: $1,999 vs. your max of $1,567.

Rent Affordability Guide

Your entered rent as a share of entered income19.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,165Needed: $43,920
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,165Needed: $46,714
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,165Needed: $58,275

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Forsyth County, North Carolina?
Forsyth County, North Carolina has a median monthly rent of $1,098/mo and a median home value of $250,400. The affordability rating is Affordable, with median gross rent equal to approximately 29.6% of renter household income.
What is the median rent in Forsyth County?
The median gross rent in Forsyth County is $1,098/mo. This is 12% above state average for North Carolina.
Is Forsyth County affordable?
Forsyth County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.6%. Median gross rent is under 30% of renter household income.
How does Forsyth County's rent compare to the state average?
Forsyth County's median rent of $1,098/mo is 12% above state average of $977/mo for North Carolina.
What is the median home value in Forsyth County?
The median home value in Forsyth County, North Carolina is $250,400. This is 25% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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