States › North Carolina › East Flat Rock

Is East Flat Rock, NC expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,06839% lower than U.S. average
💵 Families earn per year (2026)$64,260about $5,355/month · 26% lower than U.S. average
🔑 House price$245,90026% lower than U.S. average

Rent is lower than in 84% of U.S. cities. A typical house costs about 3.8 years of household income. Commutes are short, about 17.7 minutes.

How much money do I need?

To rent here comfortably, you should earn about $42,720 a year. That is $21 an hour at a full-time job.

Is rent cheaper than other North Carolina cities?

Yes. Rent here is cheaper than in most of North Carolina. It is number 35 of 164 cities from cheapest to most expensive.

East Flat Rock
$1,068
Boiling Spring Lakes
$2,318
Wrightsboro
$1,315
Angier
$941
Cherryville
$1,114
Dallas
$918
Silver Lake
$1,490

How much do households earn in East Flat Rock?

Under $25k
15.7%
$25k–50k
30.0%
$50k–100k
32.5%
$100k–150k
14.4%
$150k+
4.6%

Share of households by yearly income. 19.0% of households earn $100,000 or more.

Rent by apartment size in East Flat Rock

SizeEast Flat RockU.S. average
1 bedroom$821$1,324
2 bedrooms$972$1,509
3 bedrooms$1,284$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is East Flat Rock overall?

Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).

Housing
81
Goods (food, clothes…)
97
Utilities
89
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for East Flat Rock, so the North Carolina figure is shown.

Taxes and bills in East Flat Rock

🏛️ Property tax$1,063a year · 0.43% of home value · U.S. $3,119
⚡ Electric bill$157a month (typical) · U.S. $156

Life in East Flat Rock

Commute to work17.7 minU.S.: 26.4 min
College degree17.3%U.S.: 35.7%
Own their home64.1%U.S.: 65.2%
Below poverty line12.6%U.S.: 12.5%
Unemployment5%U.S.: 5.2%

Is it cheaper to rent or buy in East Flat Rock?

Renting is cheaper right now: about $638 a month less.

Renting
$1,068
Owning
$1,706

Owning assumes a typical $245,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,590 for the down payment.

Frequently asked questions

What is the average rent in East Flat Rock, NC?

Renting in East Flat Rock costs a median of about $1,068 a month in 2026, including utilities. The North Carolina median is $1,496.

How much do I need to make to live in East Flat Rock?

To keep rent under 30% of income, you need about $42,720 a year, or $21 an hour at a full-time job.

Is East Flat Rock cheap or expensive?

East Flat Rock is rated Cheap: rent takes 19.9% of the typical household income of $64,260. It ranks 35th cheapest of 164 North Carolina cities we track.

How much are property taxes in East Flat Rock?

The median homeowner in East Flat Rock pays $1,063 a year in property taxes, about 0.43% of the median home value.

Is East Flat Rock more expensive than the national average?

Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in East Flat Rock?

The median home value in East Flat Rock is $245,900, about 3.8 times the typical yearly household income.

6,323 people live in East Flat Rock. Numbers are typical (middle) values.