States › North Carolina › Statesville

Is Statesville, NC expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,29126% lower than U.S. average
💵 Families earn per year (2026)$57,031about $4,753/month · 35% lower than U.S. average
🔑 House price$248,00025% lower than U.S. average

Rent is lower than in 70% of U.S. cities. A typical house costs about 4.3 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $51,640 a year. That is $25 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 59 of 164 cities from cheapest to most expensive.

Statesville
$1,291
Leland
$1,968
Clayton
$1,879
Matthews
$1,877
Morrisville
$1,978
Sanford
$1,669
Kernersville
$1,526

How much do households earn in Statesville?

Under $25k
19.1%
$25k–50k
29.7%
$50k–100k
30.0%
$100k–150k
11.0%
$150k+
4.9%

Share of households by yearly income. 15.9% of households earn $100,000 or more.

Rent by apartment size in Statesville

SizeStatesvilleU.S. average
Studio$925$1,338
1 bedroom$829$1,324
2 bedrooms$1,004$1,509
3 bedrooms$1,519$1,698
4 bedrooms$1,869$2,098

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

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

Taxes and bills in Statesville

🏛️ Property tax$1,879a year · 0.76% of home value · U.S. $3,119
⚡ Electric bill$152a month (typical) · U.S. $156

Life in Statesville

Commute to work20.1 minU.S.: 26.4 min
College degree26.9%U.S.: 35.7%
Own their home51.6%U.S.: 65.2%
Below poverty line20.4%U.S.: 12.5%
Unemployment6.8%U.S.: 5.2%

Is it cheaper to rent or buy in Statesville?

Renting is cheaper right now: about $430 a month less.

Renting
$1,291
Owning
$1,721

Owning assumes a typical $248,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,800 for the down payment.

Frequently asked questions

What is the average rent in Statesville, NC?

Renting in Statesville costs a median of about $1,291 a month in 2026, including utilities. The North Carolina median is $1,496.

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

To keep rent under 30% of income, you need about $51,640 a year, or $25 an hour at a full-time job.

Is Statesville cheap or expensive?

Statesville is rated OK: rent takes 27.2% of the typical household income of $57,031. It ranks 59th cheapest of 164 North Carolina cities we track.

How much are property taxes in Statesville?

The median homeowner in Statesville pays $1,879 a year in property taxes, about 0.76% of the median home value.

Is Statesville 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 Statesville?

The median home value in Statesville is $248,000, about 4.3 times the typical yearly household income.

29,894 people live in Statesville. Numbers are typical (middle) values.