Average Rent in Alleghany County, NC↑ Rents rising 10.0% YoY

Alleghany County, NC has rental prices ranging from $717/month to $1,424/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $722/month — 48% below the national average of $1,400/month. With a median household income of $44,272/year, spending $722/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.

How Alleghany County Compares

With an average 2-bedroom rent of $947/month, Alleghany County ranks #55 most expensive of the 87 cities tracked in North Carolina — pricier than 55% of all US cities in our data.

The Alleghany County Rental Market

The Alleghany County, NC area has a population of about 11,075 and 23% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Alleghany County, NC have risen by $86/month (10.0%) over the past year, from $861 to $947. 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 Alleghany County, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,880. The local median household income of $44,272 exceeds that threshold by $15,392, making Alleghany County relatively accessible compared to local wages.

Economy & Jobs

Alleghany County, NC has an unemployment rate of 3.9%, 0.0 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 Alleghany County, NC Affordable?

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

Rent or Buy in Alleghany County?

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

Living in Alleghany County

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