Cost of Living in Haywood County, North Carolina

$1,052/mo
Median Monthly Rent
$254,900
Median Home Value
12% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,052/mo
12% above state average
Median Home Value
$254,900
10% below national
Rent-to-Income Ratio
29.0%
% 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 Haywood County Compares

Median monthly rent comparison

Haywood County$1,052/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$1,052/mo
Median Gross Rent
$254,900
Median Home Value
$820/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Haywood County, North Carolina

Haywood's mountain rental squeeze

Haywood County renters spend 20.7% of median household income ($61,001) on rent at $1,052/month, matching the threshold where affordability tightens. The county runs above the national norm by a thin margin.

Above-average rent burden statewide

Haywood's 20.7% rent-to-income ratio sits 2.1 points above North Carolina's state average of 18.6%, placing the county among the less affordable regions. Median rent of $1,052 runs $114 above the state median of $938.

Western mountain premium pricing

Haywood's $1,052 rent exceeds most comparison counties, reflecting western North Carolina's mountain tourism and residential desirability. Henderson County ($1,120) and Guilford ($1,108) command higher rents, but Haywood ranks third-priciest in our analysis.

Renters pay double homeowner costs

Renters shoulder $1,052/month while homeowners spend just $820/month—a striking $232 gap revealing Haywood's heated rental market. Median home value of $254,900 reflects mountain-area appeal that pushes rents higher than mortgages.

Haywood: mountain living at a price

Haywood's scenery and outdoor recreation attract remote workers and retirees, driving up rents faster than incomes. If relocating here, prioritize homeownership or substantial remote income to avoid being priced into rental instability.

Affordability Calculator

See how your income compares to housing costs in Haywood County

$

Rent Burden

20.7%

of gross income

Max Housing (28% Rule)

$1,423

per month

Owner Cost Burden

16.1%

of gross income

The median home in Haywood County may be a stretch

Median home value is $254,900. Estimated monthly cost: $2,035 vs. your max of $1,423.

Rent Affordability Guide

Your rent-to-income ratio20.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Haywood County, North Carolina?
Haywood County, North Carolina has a median monthly rent of $1,052/mo and a median home value of $254,900. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Haywood County?
The median gross rent in Haywood County is $1,052/mo. This is 12% above state average for North Carolina.
Is Haywood County affordable?
Haywood County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Haywood County's rent compare to the state average?
Haywood County's median rent of $1,052/mo is 12% above state average of $938/mo for North Carolina.
What is the median home value in Haywood County?
The median home value in Haywood County, North Carolina is $254,900. This is 10% 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.