Cost of Living in Guilford County, North Carolina

$1,108/mo
Median Monthly Rent
$234,900
Median Home Value
18% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,108/mo
18% above state average
Median Home Value
$234,900
17% below national
Rent-to-Income Ratio
30.0%
% 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 Guilford County Compares

Median monthly rent comparison

Guilford County$1,108/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$1,108/mo
Median Gross Rent
$234,900
Median Home Value
$1,103/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Guilford County, North Carolina

Guilford rents eat 20% of income

Renters in Guilford County spend 20.1% of their median household income on rent—slightly above the national sweet spot of around 18%. With median rent at $1,108/month and median household income of $66,027, housing costs are manageable but tightening.

Middle-of-the-road affordability in NC

Guilford's 20.1% rent-to-income ratio sits above North Carolina's state average of 18.6%, placing the county in moderate territory across the state's 100 counties. Renters here pay $170 more per month than the state median of $938.

Cheaper than Henderson, pricier than Harnett

Guilford's median rent of $1,108 falls between Henderson County ($1,120) and Harnett County ($1,080), reflecting its position as a mid-sized urban center. All three counties cluster within a tight $40-range, suggesting regional consistency in rental markets.

Renters and owners both strained

Renters absorb $1,108/month while homeowners face $1,103/month in mortgage payments—remarkably similar burdens. With median home value at $234,900, Guilford offers balanced entry points for both renting and buying.

Guilford: urban perks, urban prices

If you're considering a move to Guilford, expect costs slightly above state averages—but you're gaining access to a Piedmont Triad job hub. Compare your income and remote work flexibility against that 20% rent-to-income threshold to make your call.

Affordability Calculator

See how your income compares to housing costs in Guilford County

$

Rent Burden

20.1%

of gross income

Max Housing (28% Rule)

$1,541

per month

Owner Cost Burden

20.0%

of gross income

The median home in Guilford County may be a stretch

Median home value is $234,900. Estimated monthly cost: $1,875 vs. your max of $1,541.

Rent Affordability Guide

Your rent-to-income ratio20.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Guilford County, North Carolina?
Guilford County, North Carolina has a median monthly rent of $1,108/mo and a median home value of $234,900. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Guilford County?
The median gross rent in Guilford County is $1,108/mo. This is 18% above state average for North Carolina.
Is Guilford County affordable?
Guilford County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Guilford County's rent compare to the state average?
Guilford County's median rent of $1,108/mo is 18% above state average of $938/mo for North Carolina.
What is the median home value in Guilford County?
The median home value in Guilford County, North Carolina is $234,900. This is 17% 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.