Average Rent in Halifax County, NC↑ Rents rising 5.1% YoY🔻 4th cheapest in NC
HUD FY2025 · Official government data · Updated annually · Metro pop. 48,219
Market Overview
Halifax County, NC has rental prices ranging from $638/month to $1,389/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $737/month — 47% below the national average of $1,400/month. With a median household income of $45,071/year, spending $737/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.
How Halifax County Compares
With an average 2-bedroom rent of $930/month, Halifax 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 Halifax County Rental Market
The Halifax County, NC area has a population of about 48,219 and 37% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Halifax County, NC have risen by $45/month (5.1%) over the past year, from $885 to $930. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Halifax County, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,480. The local median household income of $45,071 exceeds that threshold by $15,591, making Halifax County relatively accessible compared to local wages.
Economy & Jobs
Halifax County, NC has an unemployment rate of 5.5%, 1.6 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Halifax County, NC Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in NClargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home 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 Halifax County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Halifax County data
Renting appears to be the better financial choice for this scenario.
Living in Halifax County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Halifax CountySalary needed to afford rent here
🗺️All Cities in NCSee how Halifax County ranks statewide
⚖️Compare Halifax CountySide-by-side rent & cost of living with any city
📋NC Tenant RightsDeposit limits, eviction laws & renters protections