Average Rent in Chowan County, NC↑ Rents rising 8.4% YoY

Chowan County, NC has rental prices ranging from $854/month to $1,696/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $860/month — 39% below the national average of $1,400/month. With a median household income of $56,982/year, spending $860/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.

How Chowan County Compares

With an average 2-bedroom rent of $1,128/month, Chowan County ranks #31 most expensive of the 87 cities tracked in North Carolina — pricier than 77% of all US cities in our data.

The Chowan County Rental Market

The Chowan County, NC area has a population of about 13,814 and 30% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Chowan County, NC have risen by $87/month (8.4%) over the past year, from $1,041 to $1,128. 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 Chowan County, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $34,400. The local median household income of $56,982 exceeds that threshold by $22,582, making Chowan County relatively accessible compared to local wages.

Economy & Jobs

Chowan County, NC has an unemployment rate of 3.6%, 0.3 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 Chowan County, NC Affordable?

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

Rent or Buy in Chowan County?

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

Living in Chowan County

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