Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.8 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $37,680 a year. That is $18 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 20 of 164 cities from cheapest to most expensive.
How much do households earn in King?
Share of households by yearly income. 15.7% of households earn $100,000 or more.
Rent by apartment size in King
| Size | King | U.S. average |
|---|---|---|
| Studio | $557 | $1,338 |
| 1 bedroom | $658 | $1,324 |
| 2 bedrooms | $834 | $1,509 |
| 3 bedrooms | $1,163 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is King overall?
Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for King, so the North Carolina figure is shown.
Taxes and bills in King
Life in King
Is it cheaper to rent or buy in King?
Renting is cheaper right now: about $711 a month less.
Owning assumes a typical $238,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,820 for the down payment.
Frequently asked questions
What is the average rent in King, NC?
Renting in King costs a median of about $942 a month in 2026, including utilities. The North Carolina median is $1,496.
How much do I need to make to live in King?
To keep rent under 30% of income, you need about $37,680 a year, or $18 an hour at a full-time job.
Is King cheap or expensive?
King is rated Cheap: rent takes 18.1% of the typical household income of $62,356. It ranks 20th cheapest of 164 North Carolina cities we track.
How much are property taxes in King?
The median homeowner in King pays $1,585 a year in property taxes, about 0.67% of the median home value.
Is King 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 King?
The median home value in King is $238,200, about 3.8 times the typical yearly household income.
7,408 people live in King. Numbers are typical (middle) values.