States › North Carolina › Lenoir

Is Lenoir, NC expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$76756% lower than U.S. average
💵 Families earn per year (2026)$53,828about $4,486/month · 38% lower than U.S. average
🔑 House price$179,40046% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.3 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $30,680 a year. That is $15 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 6 of 164 cities from cheapest to most expensive.

Lenoir
$767
$2,234
$1,662
$1,140

How much do households earn in Lenoir?

Under $25k
25.3%
$25k–50k
28.2%
$50k–100k
27.0%
$100k–150k
10.7%
$150k+
3.3%

Share of households by yearly income. 14.0% of households earn $100,000 or more.

Rent by apartment size in Lenoir

SizeLenoirU.S. average
Studio$422$1,338
1 bedroom$536$1,324
2 bedrooms$728$1,509
3 bedrooms$832$1,698

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

How expensive is Lenoir overall?

Everyday prices in the Hickory-Lenoir-Morganton metro area are 12% below the U.S. average (index 88.5, U.S. = 100).

Housing
60
Goods (food, clothes…)
97
Utilities
88
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Lenoir

🏛️ Property tax$1,311a year · 0.73% of home value · U.S. $3,119
⚡ Electric bill$135a month (typical) · U.S. $156

Life in Lenoir

Commute to work24.8 minU.S.: 26.4 min
College degree21.2%U.S.: 35.7%
Own their home64.2%U.S.: 65.2%
Below poverty line14.6%U.S.: 12.5%
Unemployment4.6%U.S.: 5.2%

What jobs pay in Lenoir

JobMedian payRent / pay
Pharmacist$137,1806.7%
Physician Assistant$127,2107.2%
Nurse Practitioner$126,6207.3%
Software Developer$122,5407.5%
Lawyer$97,3309.5%
Operations Manager$95,6409.6%
Civil Engineer$94,7209.7%
Dental Hygienist$94,0509.8%
Computer Systems Analyst$93,9709.8%
Registered Nurse$80,06011.5%
Accountant$77,49011.9%
Market Research Analyst$75,45012.2%
Licensed Practical Nurse$62,43014.7%
Truck Driver$57,46016.0%
Electrician$53,73017.1%
Police Officer$52,26017.6%
Plumber$51,33017.9%
HVAC Technician$50,30018.3%
Elementary School Teacher$49,54018.6%
Carpenter$48,26019.1%
Medical Assistant$43,29021.3%
Warehouse Worker$40,24022.9%
Customer Service Representative$37,79024.4%
Nursing Assistant$37,43024.6%
Firefighter$36,34025.3%
Retail Salesperson$30,52030.2%
Restaurant Cook$30,38030.3%
Server (Waiter/Waitress)$29,31031.4%
Cashier$27,57033.4%

Is it cheaper to rent or buy in Lenoir?

Renting is cheaper right now: about $478 a month less.

Renting
$767
Owning
$1,245

Owning assumes a typical $179,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,940 for the down payment.

Frequently asked questions

What is the average rent in Lenoir, NC?

Renting in Lenoir costs a median of about $767 a month in 2026, including utilities. The North Carolina median is $1,496.

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

To keep rent under 30% of income, you need about $30,680 a year, or $15 an hour at a full-time job.

Is Lenoir cheap or expensive?

Lenoir is rated Cheap: rent takes 17.1% of the typical household income of $53,828. It ranks 6th cheapest of 164 North Carolina cities we track.

How much are property taxes in Lenoir?

The median homeowner in Lenoir pays $1,311 a year in property taxes, about 0.73% of the median home value.

Is Lenoir more expensive than the national average?

Overall prices in the metro area are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Lenoir?

The median home value in Lenoir is $179,400, about 3.3 times the typical yearly household income.

18,299 people live in Lenoir. Numbers are typical (middle) values.