salaryRent is higher than in 51% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.9 minutes. Most households rent (80%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $66,920 a year. That is $32 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 103 of 164 cities from cheapest to most expensive.
How much do households earn in Spring Lake?
Share of households by yearly income. 6.9% of households earn $100,000 or more.
Rent by apartment size in Spring Lake
| Size | Spring Lake | U.S. average |
|---|---|---|
| Studio | $982 | $1,338 |
| 1 bedroom | $1,109 | $1,324 |
| 2 bedrooms | $1,405 | $1,509 |
| 3 bedrooms | $1,423 | $1,698 |
| 4 bedrooms | $1,774 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Spring Lake 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 Spring Lake, so the North Carolina figure is shown.
Taxes and bills in Spring Lake
Life in Spring Lake
Is it cheaper to rent or buy in Spring Lake?
Buying is cheaper month to month: about $813 a month less than renting.
Owning assumes a typical $124,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,400 for the down payment.
Frequently asked questions
What is the average rent in Spring Lake, NC?
Renting in Spring Lake costs a median of about $1,673 a month in 2026, including utilities. The North Carolina median is $1,496.
How much do I need to make to live in Spring Lake?
To keep rent under 30% of income, you need about $66,920 a year, or $32 an hour at a full-time job.
Is Spring Lake cheap or expensive?
Spring Lake is rated Expensive: rent takes 35.8% of the typical household income of $56,037. It ranks 103rd cheapest of 164 North Carolina cities we track.
How much are property taxes in Spring Lake?
The median homeowner in Spring Lake pays $1,637 a year in property taxes, about 1.32% of the median home value.
Is Spring Lake 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 Spring Lake?
The median home value in Spring Lake is $124,000, about 2.2 times the typical yearly household income.
11,573 people live in Spring Lake. Numbers are typical (middle) values.