RentData

Average Rent in Greene County, NC Rents rising 8.6% YoY🔻 4th cheapest in NC

HUD FY2025 · Official government data · Updated annually · Metro pop. 20,421

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Greene County, NC has rental prices ranging from $746/month to $1,336/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $751/month — 46% below the national average of $1,400/month. With a median household income of $50,904/year, spending $751/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.

How Greene County Compares

With an average 2-bedroom rent of $930/month, Greene County ranks #84 most expensive of the 87 cities tracked in North Carolina — more affordable than 61% of all US cities in our data.

The Greene County Rental Market

The Greene County, NC area has a population of about 20,421 and 35% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Greene County, NC have risen by $74/month (8.6%) over the past year, from $856 to $930. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Greene County, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $30,040. The local median household income of $50,904 exceeds that threshold by $20,864, making Greene County relatively accessible compared to local wages.

Economy & Jobs

Greene County, NC has an unemployment rate of 3.7%, 0.2 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Fair Market Rents

HUD FY2025
Studio
$746
Affordable
1 Bedroom
$751
Affordable
2 Bedrooms
$930
8.6% YoY
Affordable
3 Bedrooms
$1,242
Affordable
4 Bedrooms
$1,336
Average
🔔
Get Rent Alerts
Be notified when rents change in Greene County

Is Greene County, NC Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$37,200/year
Local median income: $50,904
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $930/month and 20% down on a home at 7% rate.

Nearby Cities in NClargest metros in the state

CityStudio1BR2BR3BRHome Value
Anson County$834$927$1,216$1,465
Charlotte$1,586$1,647$1,824$2,250
Camden County$982$990$1,129$1,582
Virginia Beach$1,475$1,483$1,696$2,361
Raleigh$1,533$1,592$1,763$2,192
Greensboro$999$1,039$1,150$1,463

Rent or Buy in Greene County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Greene County data

$
Home Value
$350,000
2BR Rent
$930/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $930/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Greene County

Cost of living, job market, crime rates, and moving cost estimates.

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Greene County

Compare rent & home prices by neighborhood

💵Rent Affordability in Greene County

Salary needed to afford rent here

🗺️All Cities in NC

See how Greene County ranks statewide

⚖️Compare Greene County

Side-by-side rent & cost of living with any city

📋NC Tenant Rights

Deposit limits, eviction laws & renters protections