Average Rent in Hoke County, NC↓ Rents falling 6.0% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 53,102
Market Overview
Hoke County, NC has rental prices ranging from $747/month to $1,656/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $752/month — 46% below the national average of $1,400/month. With a median household income of $60,095/year, spending $752/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.
How Hoke County Compares
With an average 2-bedroom rent of $986/month, Hoke County ranks #50 most expensive of the 87 cities tracked in North Carolina — pricier than 62% of all US cities in our data.
The Hoke County Rental Market
The Hoke County, NC area has a population of about 53,102 and 28% 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 Hoke County, NC have fallen by $63/month (6.0%) over the past year, from $1,049 to $986. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Hoke County, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $30,080. The local median household income of $60,095 exceeds that threshold by $30,015, making Hoke County relatively accessible compared to local wages.
Economy & Jobs
Hoke County, NC has an unemployment rate of 4.8%, 0.9 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 Hoke 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 Hoke County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Hoke County data
Buying breaks even after 5 years — worth it if you stay 5+ years.
Living in Hoke County
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
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Frequently Asked Questions
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💵Rent Affordability in Hoke CountySalary needed to afford rent here
🗺️All Cities in NCSee how Hoke County ranks statewide
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