Cost of Living in Randolph County, North Carolina

$857/mo
Median Monthly Rent
$171,600
Median Home Value

At a Glance

Median Monthly Rent
$857/mo
9% below state average
Median Home Value
$171,600
39% below national
Rent-to-Income Ratio
26.0%
% 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 Randolph County Compares

Median monthly rent comparison

Randolph County$857/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$857/mo
Median Gross Rent
$171,600
Median Home Value
$836/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Randolph County ranks #2,564 of 3,144 counties for affordability (bottom 18%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Randolph County, North Carolina

Randolph County offers solid rental affordability

Randolph County's rent-to-income ratio of 17.4% sits comfortably below the national stress threshold, giving renters breathing room in their budgets. Though the median household income of $59,047 falls short of the national median of $74,755, modest rents of $857 per month keep housing costs manageable.

Better than average for North Carolina

Randolph County's rent-to-income ratio of 17.4% beats the state average of 18.6%, making it one of North Carolina's more affordable rental markets. This advantage reflects both modest monthly rents of $857 and a rent-to-income burden below state norms.

Competitive rents in the regional landscape

Randolph County's $857 monthly rent falls between Person County's bargain $796 and Rowan County's higher $990, positioning it as a middle-ground option. Compared to Pitt County's $971, Randolph offers renters $114 in monthly savings while maintaining similar income levels.

Rents consume less than one-fifth of income

The typical Randolph County household earning $59,047 allocates 17.4% of income to rent—just under $857 per month. Homeowners face a slightly lower burden at 16.9% ($836 monthly), with median home values of $171,600 making ownership attainable for many households.

Randolph County balances cost and stability

Randolph County's 17.4% rent-to-income ratio and $857 monthly rents make it a solid choice for relocators seeking affordability without extreme trade-offs. Compare it against higher-cost Pitt ($971) and Polk ($1,089) to appreciate the $114–$232 monthly savings available here.

Cost of Living Advisory: Randolph County

Affordability Verdict

For renters in Randolph County, the market is affordable. Expect to pay around $857/month in gross rent, with 26.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Randolph County is $857/month, while owner costs run $836/month. Owning saves approximately $21/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,280/year. For owner costs at the 28% rule, the required income is roughly $35,829/year. With a median household income of $59,047, most households can comfortably afford rent here. Notably, 26.0% of renter households in Randolph County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Randolph County sits 6% more expensive than Hertford County ($806/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Randolph County

$

Rent Burden

17.4%

of gross income

Max Housing (28% Rule)

$1,378

per month

Owner Cost Burden

17.0%

of gross income

You can likely afford the median home in Randolph County

Median home value is $171,600. Estimated monthly cost: $1,370 vs. your max of $1,378.

Rent Affordability Guide

Your rent-to-income ratio17.4%
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: $59,047Needed: $34,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,047Needed: $35,829
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,047Needed: $39,936

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 Randolph County, North Carolina?
Randolph County, North Carolina has a median monthly rent of $857/mo and a median home value of $171,600. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Randolph County?
The median gross rent in Randolph County is $857/mo. This is 9% below state average for North Carolina.
Is Randolph County affordable?
Randolph County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Randolph County's rent compare to the state average?
Randolph County's median rent of $857/mo is 9% below state average of $938/mo for North Carolina.
What is the median home value in Randolph County?
The median home value in Randolph County, North Carolina is $171,600. This is 39% below 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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