States › North Carolina › Hendersonville

Is Hendersonville, NC expensive to live in?

ExpensiveRent takes 33 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,58310% lower than U.S. average
💵 Families earn per year (2026)$57,645about $4,804/month · 34% lower than U.S. average
🔑 House price$317,0005% lower than U.S. average

Rent is lower than in 53% of U.S. cities. A typical house costs about 5.5 years of household income. Commutes are short, about 19.2 minutes.

How much money do I need?

To rent here comfortably, you should earn about $63,320 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other North Carolina cities?

No. Rent here is more expensive than in most of North Carolina. It is number 94 of 164 cities from cheapest to most expensive.

Hendersonville
$1,583
Eden
$841
Belmont
$1,595
Davidson
$1,852
Laurinburg
$965
Henderson
$959
Roanoke Rapids
$932

How much do households earn in Hendersonville?

Under $25k
20.4%
$25k–50k
32.5%
$50k–100k
30.8%
$100k–150k
7.6%
$150k+
4.3%

Share of households by yearly income. 11.9% of households earn $100,000 or more.

Rent by apartment size in Hendersonville

SizeHendersonvilleU.S. average
Studio$1,457$1,338
1 bedroom$1,304$1,324
2 bedrooms$1,429$1,509
3 bedrooms$1,420$1,698
4 bedrooms$1,418$2,098

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

How expensive is Hendersonville 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 Hendersonville, so the North Carolina figure is shown.

Taxes and bills in Hendersonville

🏛️ Property tax$2,398a year · 0.76% of home value · U.S. $3,119
⚡ Electric bill$104a month (typical) · U.S. $156

Life in Hendersonville

Commute to work19.2 minU.S.: 26.4 min
College degree38.1%U.S.: 35.7%
Own their home46.1%U.S.: 65.2%
Below poverty line14.6%U.S.: 12.5%
Unemployment3.2%U.S.: 5.2%

Is it cheaper to rent or buy in Hendersonville?

Renting is cheaper right now: about $617 a month less.

Renting
$1,583
Owning
$2,200

Owning assumes a typical $317,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $31,700 for the down payment.

Frequently asked questions

What is the average rent in Hendersonville, NC?

Renting in Hendersonville costs a median of about $1,583 a month in 2026, including utilities. The North Carolina median is $1,496.

How much do I need to make to live in Hendersonville?

To keep rent under 30% of income, you need about $63,320 a year, or $30 an hour at a full-time job.

Is Hendersonville cheap or expensive?

Hendersonville is rated Expensive: rent takes 33.0% of the typical household income of $57,645. It ranks 94th cheapest of 164 North Carolina cities we track.

How much are property taxes in Hendersonville?

The median homeowner in Hendersonville pays $2,398 a year in property taxes, about 0.76% of the median home value.

Is Hendersonville 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 Hendersonville?

The median home value in Hendersonville is $317,000, about 5.5 times the typical yearly household income.

15,408 people live in Hendersonville. Numbers are typical (middle) values.