Cost of Living in Nash County, North Carolina

$924/mo
Median Monthly Rent
$171,100
Median Home Value

At a Glance

Median Monthly Rent
$924/mo
1% below state average
Median Home Value
$171,100
39% below national
Rent-to-Income Ratio
25.0%
% 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 Nash County Compares

Median monthly rent comparison

Nash County$924/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$924/mo
Median Gross Rent
$171,100
Median Home Value
$884/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Nash County ranks #1,863 of 3,144 counties for affordability (bottom 41%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Nash County, North Carolina

Nash edges toward national affordability strain

Nash County's rent-to-income ratio of 18.3% approaches the national affordability strain threshold, with median households earning $60,704 and paying $924 monthly in rent. Housing costs claim a substantial share of paychecks, leaving less room for savings and other expenses.

Nash sits exactly at state affordability average

At 18.3%, Nash County's rent-to-income ratio nearly matches North Carolina's state average of 18.6%, positioning it as a middle-ground county statewide. Both rents ($924) and incomes ($60,704) run slightly above rural averages, reflecting Nash's role as a regional hub.

Nash rents exceed affordable mountain counties

Nash County's $924 monthly rent significantly exceeds mountain alternatives like McDowell ($741), Madison ($764), and Mitchell ($744), despite incomes that don't proportionally justify the difference. Renters in Nash face tighter affordability than these nearby rural peers.

Renters bear more burden than owners in Nash

Nash County renters earning $60,704 spend 18.3% of income on $924 monthly rent, while homeowners with a $171,100 median home pay roughly 17.5% for $884 monthly costs. The differential suggests that building equity through ownership provides more financial relief than renting in this county.

Nash: reasonable rents, but compare eastward carefully

At $924 monthly rent, Nash County runs nearly $200 above mountain counties while earning only $2,600 more annually—a math that favors relocating westward. If your income supports it, communities like McDowell or Mitchell offer better housing value with similar earning potential.

Cost of Living Advisory: Nash County

Affordability Verdict

Housing in Nash County is affordable. The median rent is $924/month against a median household income of $60,704, putting rent at 18.3% of income.

Rent vs. Own

At $924/month rent versus $884/month in owner costs, owning is roughly $40/month cheaper — a 4% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,960/year. For owner costs at the 28% rule, the required income is roughly $37,886/year. With a median household income of $60,704, most households can comfortably afford rent here. Notably, 25.0% of renter households in Nash County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Nash County sits 5% less expensive than Lincoln County ($977/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Nash County

$

Rent Burden

18.3%

of gross income

Max Housing (28% Rule)

$1,416

per month

Owner Cost Burden

17.5%

of gross income

You can likely afford the median home in Nash County

Median home value is $171,100. Estimated monthly cost: $1,366 vs. your max of $1,416.

Rent Affordability Guide

Your rent-to-income ratio18.3%
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: $60,704Needed: $36,960
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,704Needed: $37,886
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,704Needed: $39,820

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 Nash County, North Carolina?
Nash County, North Carolina has a median monthly rent of $924/mo and a median home value of $171,100. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Nash County?
The median gross rent in Nash County is $924/mo. This is 1% below state average for North Carolina.
Is Nash County affordable?
Nash County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Nash County's rent compare to the state average?
Nash County's median rent of $924/mo is 1% below state average of $938/mo for North Carolina.
What is the median home value in Nash County?
The median home value in Nash County, North Carolina is $171,100. This is 39% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Nash County, North Carolina? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Nash County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.