Average Rent in Pasquotank County, NC↑ Rents rising 12.7% YoY

Pasquotank County, NC has rental prices ranging from $903/month to $1,915/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $909/month — 35% below the national average of $1,400/month. With a median household income of $63,912/year, spending $909/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Pasquotank County Compares

With an average 2-bedroom rent of $1,192/month, Pasquotank County ranks #20 most expensive of the 87 cities tracked in North Carolina — pricier than 81% of all US cities in our data.

The Pasquotank County Rental Market

The Pasquotank County, NC area has a population of about 40,830 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 Pasquotank County, NC have risen by $134/month (12.7%) over the past year, from $1,058 to $1,192. 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 Pasquotank County, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $36,360. The local median household income of $63,912 exceeds that threshold by $27,552, making Pasquotank County relatively accessible compared to local wages.

Economy & Jobs

Pasquotank County, NC has an unemployment rate of 3.8%, 0.1 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.

Is Pasquotank County, NC Affordable?

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

Rent or Buy in Pasquotank County?

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

Living in Pasquotank County

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