Cost of Living in Rockingham County, North Carolina

$789/mo
Median Monthly Rent
$156,000
Median Home Value

At a Glance

Median Monthly Rent
$789/mo
16% below state average
Median Home Value
$156,000
45% below national
Rent-to-Income Ratio
28.0%
% 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 Rockingham County Compares

Median monthly rent comparison

Rockingham County$789/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$789/mo
Median Gross Rent
$156,000
Median Home Value
$731/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Rockingham County ranks #2,620 of 3,144 counties for affordability (bottom 17%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Rockingham County, North Carolina

Rockingham County delivers strong affordability

Rockingham County's rent-to-income ratio of 17.0% comfortably beats the national stress threshold, with renters spending well below one-fifth of income on housing. The median household income of $55,796 falls below the national median of $74,755, yet modest rents of $789 per month create genuine affordability.

Best overall affordability in North Carolina

Rockingham County's rent-to-income ratio of 17.0% ranks among the best in North Carolina, beating the state average of 18.6% by a meaningful margin. With rents just $149 above the state median of $938, this county achieves rare affordability through a balance of modest housing costs and reasonable income levels.

Second-cheapest rents, solid incomes

Rockingham County's $789 monthly rent trails only Person County ($796) in the eight-county region, while median incomes of $55,796 exceed all counties except Person, Polk, and Rowan. This combination delivers the region's strongest affordability ratio at 17.0%.

Rents well below income targets

Rockingham County households earning $55,796 spend just 17.0% of income on rent, consuming roughly $789 monthly—nearly a full percentage point below even the national comfort zone. Homeowners pay $731 monthly (15.7% of income), with median home values of $156,000 offering solid entry points for ownership.

Rockingham: strong value in the region

Rockingham County's 17.0% rent-to-income ratio and $789 monthly rents make it one of North Carolina's safest affordability bets outside of Person County. Compare its costs against higher-burden neighbors like Pitt ($971) and Polk ($1,089) to see why relocators seeking value choose Rockingham.

Cost of Living Advisory: Rockingham County

Affordability Verdict

Housing in Rockingham County is affordable. The median rent is $789/month against a median household income of $55,796, putting rent at 17.0% of income.

Rent vs. Own

At $789/month rent versus $731/month in owner costs, owning is roughly $58/month cheaper — a 7% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,560/year. For owner costs at the 28% rule, the required income is roughly $31,329/year. With a median household income of $55,796, most households can comfortably afford rent here. Notably, 28.0% of renter households in Rockingham County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within North Carolina, Rockingham County is more affordable than Caldwell County by roughly 7% ($789/mo vs $735/mo).

Affordability Calculator

See how your income compares to housing costs in Rockingham County

$

Rent Burden

17.0%

of gross income

Max Housing (28% Rule)

$1,302

per month

Owner Cost Burden

15.7%

of gross income

You can likely afford the median home in Rockingham County

Median home value is $156,000. Estimated monthly cost: $1,245 vs. your max of $1,302.

Rent Affordability Guide

Your rent-to-income ratio17.0%
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: $55,796Needed: $31,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,796Needed: $31,329
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,796Needed: $36,305

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 Rockingham County, North Carolina?
Rockingham County, North Carolina has a median monthly rent of $789/mo and a median home value of $156,000. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Rockingham County?
The median gross rent in Rockingham County is $789/mo. This is 16% below state average for North Carolina.
Is Rockingham County affordable?
Rockingham County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Rockingham County's rent compare to the state average?
Rockingham County's median rent of $789/mo is 16% below state average of $938/mo for North Carolina.
What is the median home value in Rockingham County?
The median home value in Rockingham County, North Carolina is $156,000. This is 45% 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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