Average Rent in Person County, NC↑ Rents rising 8.6% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 39,275
Market Overview
Person County, NC has rental prices ranging from $790/month to $1,483/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $795/month — 43% below the national average of $1,400/month. With a median household income of $64,927/year, spending $795/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.
How Person County Compares
With an average 2-bedroom rent of $1,031/month, Person County ranks #42 most expensive of the 87 cities tracked in North Carolina — pricier than 68% of all US cities in our data.
The Person County Rental Market
The Person County, NC area has a population of about 39,275 and 24% 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 Person County, NC have risen by $82/month (8.6%) over the past year, from $949 to $1,031. 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 Person County, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,800. The local median household income of $64,927 exceeds that threshold by $33,127, making Person County relatively accessible compared to local wages.
Economy & Jobs
Person County, NC has an unemployment rate of 3.4%, 0.5 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.
Fair Market Rents
HUD FY2025Is Person 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 Person County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Person County data
Buying breaks even after 4 years — worth it if you stay 4+ years.
Living in Person 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 Person CountySalary needed to afford rent here
🗺️All Cities in NCSee how Person County ranks statewide
⚖️Compare Person CountySide-by-side rent & cost of living with any city
📋NC Tenant RightsDeposit limits, eviction laws & renters protections