Cost of Living in Moore County, North Carolina

$1,181/mo
Median Monthly Rent
$315,300
Median Home Value

At a Glance

Median Monthly Rent
$1,181/mo
26% above state average
Median Home Value
$315,300
12% above 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 Moore County Compares

Median monthly rent comparison

Moore County$1,181/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$1,181/mo
Median Gross Rent
$315,300
Median Home Value
$1,151/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Moore County ranks #1,736 of 3,144 counties for affordability (bottom 45%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Moore County, North Carolina

Moore offers affordable housing for higher earners

Moore County's rent-to-income ratio of 17.1% sits below the national affordability strain threshold, supported by the state's second-highest median household income of $82,837. Rents of $1,181 monthly remain manageable for these relatively affluent households.

Moore ranks as North Carolina's second-most affluent

Moore County's 17.1% rent-to-income ratio beats the state average of 18.6%, but the real story is income: at $82,837, only Mecklenburg County ($83,765) earns more. This income advantage is what makes Moore's higher rents feel affordable relative to other parts of the state.

Moore bridges rural and affluent markets

Moore County's $1,181 rent represents a middle ground: far cheaper than Mecklenburg's $1,521 but substantially pricier than mountain counties like McDowell ($741). The $82,837 median income places Moore squarely in the affluent exurban tier that drives piedmont housing costs.

High income absorbs higher housing costs

Moore County households earning $82,837 annually spend 17.1% on rent ($1,181) and roughly 16.6% on ownership ($1,151) for median homes valued at $315,300. The county demonstrates how strong incomes can sustain higher absolute costs while maintaining affordability ratios.

Moore: affluent living with reasonable ratios

If your income matches Moore County's $82,837 median, you'll find rents of $1,181 and homes worth $315,300 represent genuine value compared to Mecklenburg's premium. However, families earning national or state averages may find Moore's costs stretch paychecks tighter than mountain alternatives.

Cost of Living Advisory: Moore County

Affordability Verdict

For renters in Moore County, the market is affordable. Expect to pay around $1,181/month in gross rent, with 29.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Moore County pay $1,181/month on average, compared to $1,151/month for homeowners. This market favors buyers by about 3%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $47,240/year. For owner costs at the 28% rule, the required income is roughly $49,329/year. With a median household income of $82,837, most households can comfortably afford rent here. Notably, 29.0% of renter households in Moore County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within North Carolina, Moore County is more affordable than Currituck County by roughly 5% ($1,181/mo vs $1,126/mo).

Affordability Calculator

See how your income compares to housing costs in Moore County

$

Rent Burden

17.1%

of gross income

Max Housing (28% Rule)

$1,933

per month

Owner Cost Burden

16.7%

of gross income

The median home in Moore County may be a stretch

Median home value is $315,300. Estimated monthly cost: $2,517 vs. your max of $1,933.

Rent Affordability Guide

Your rent-to-income ratio17.1%
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: $82,837Needed: $47,240
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $82,837Needed: $49,329
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $82,837Needed: $73,379

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 Moore County, North Carolina?
Moore County, North Carolina has a median monthly rent of $1,181/mo and a median home value of $315,300. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Moore County?
The median gross rent in Moore County is $1,181/mo. This is 26% above state average for North Carolina.
Is Moore County affordable?
Moore 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 Moore County's rent compare to the state average?
Moore County's median rent of $1,181/mo is 26% above state average of $938/mo for North Carolina.
What is the median home value in Moore County?
The median home value in Moore County, North Carolina is $315,300. This is 12% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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