salaryRent is lower than in 55% of U.S. cities. A typical house costs about 3.6 years of household income. Most homes (83.6%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $61,560 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 91 of 164 cities from cheapest to most expensive.
How much do households earn in Myrtle Grove?
Share of households by yearly income. 43.2% of households earn $100,000 or more.
Rent by apartment size in Myrtle Grove
| Size | Myrtle Grove | U.S. average |
|---|---|---|
| 2 bedrooms | $1,641 | $1,509 |
| 3 bedrooms | $1,698 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Myrtle Grove 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 Myrtle Grove, so the North Carolina figure is shown.
Taxes and bills in Myrtle Grove
Life in Myrtle Grove
Is it cheaper to rent or buy in Myrtle Grove?
Renting is cheaper right now: about $1,508 a month less.
Owning assumes a typical $439,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,910 for the down payment.
Frequently asked questions
What is the average rent in Myrtle Grove, NC?
Renting in Myrtle Grove costs a median of about $1,539 a month in 2026, including utilities. The North Carolina median is $1,496.
How much do I need to make to live in Myrtle Grove?
To keep rent under 30% of income, you need about $61,560 a year, or $30 an hour at a full-time job.
Is Myrtle Grove cheap or expensive?
Myrtle Grove is rated Cheap: rent takes 15.1% of the typical household income of $122,370. It ranks 91st cheapest of 164 North Carolina cities we track.
How much are property taxes in Myrtle Grove?
The median homeowner in Myrtle Grove pays $2,012 a year in property taxes, about 0.46% of the median home value.
Is Myrtle Grove 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 Myrtle Grove?
The median home value in Myrtle Grove is $439,100, about 3.6 times the typical yearly household income.
12,637 people live in Myrtle Grove. Numbers are typical (middle) values.