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As rents climb, where are the most expensive, least expensive locations in NC?

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As rents climb, where are the most expensive, least expensive locations in NC?


In the past five years, Fair Market Rent for Asheville has skyrocketed. The estimated rent for a one-bedroom apartment has increased by 78% and has made the mountainous metropolitan area’s cost of housing as the highest in North Carolina.

Yet, Asheville is not the only North Carolina city facing steep rent increases, as well as the rapidly rising cost of homeownership. The Raleigh and Charlotte metros both saw increases of 54% in Fair Market Rent for a one-bedroom apartment, according to estimates from the U.S. Department of Housing and Urban Development.

Here’s a breakdown of where some of the most and least expensive areas to rent in North Carolina are.

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Most expensive areas to live in? Metros and tourist towns.

Perhaps a no-brainer, North Carolina metros and tourist towns are the most expensive to live in. Asheville’s Metropolitan Statistical Area tops that list in every metric — meaning the area is estimated to be the most expensive from those looking for efficiency apartments to those looking to rent a four-bedroom house.

Yet, there are other areas which are just as expensive in certain metrics. Here are the most expensive metros North Carolina if you are looking for a two-bedroom apartment:

  • Asheville (Asheville, Henderson, Madison counties): $1,680 a month.
  • Raleigh (Franklin, Johnston, Wake counties): $1,646 a month.
  • Durham-Chapel Hill (Chatham, Durham, Orange counties): $1,631 a month.
  • Charlotte (Cabarrus, Gaston, Mecklenburg, Union counties): $1,554 a month.
  • Wilmington (New Hanover County): $1,515

Least expensive counties for families?

As for those looking for a place that is more affordable, you may have to look outside of population centers — in some cases, a fair distance away from one. Of North Carolina’s 100 counties, 26 of them have the lowest estimate of $856 a month for a two bedroom.

For North Carolina families, a few counties halve the cost of Asheville’s FMR for three-bedroom units. Here are the 10 least expensive counties for those looking to rent three-bedrooms in North Carolina:

  • Columbus County: $1,035
  • Washington County: $1,035
  • Alleghany County: $1,041
  • Surry County: $1,053
  • Mitchell County: $1,053
  • McDowell County: $1,059
  • Halifax County: $1,070
  • Sampson County: $1,074
  • Robeson County: $1,081
  • Warren County: $1,089

Families moving to a new city? What do zip codes say?

Especially if you are moving for a new job or looking to relocate to work at one of the several major UNC System universities, you are likely to wind up searching for housing in a metro area.

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During that search, there is a high chance you may stumble across certain areas of major cities that are more expensive than others — you might even be able to tell a difference based on where you look.

A few of these areas include a major tourist beach town and an area just outside of Asheville that has some of Western North Carolina’s most expensive mountaintop mansions. According to HUD, the homes and apartments in the following areas are the most expensive to rent out in North Carolina:

  • 28480, near Wrightsville Beach: $3,000
  • 28075, near Harrisburg and just outside of Charlotte: $2,900
  • 28203, or in Charlotte’s South End Neighborhood: $2,900
  • 28803, or Biltmore Forest: $2,760
  • 28202, or Downtown Charlotte: $2,730

What is ‘Fair Market Rent?’

All of this data was sourced from the U.S. Housing and Urban Development website estimates for FMR for 2024.

Fair Market Rent, or FMR, estimates are produced by the U.S. Department of Housing and Urban Development and local public housing authorities. The number indicates how much it costs to rent a moderately-priced dwelling unit and determine payment standards for the Housing Choice Voucher program.

The number is calculated by taking the 40th percentile of gross rents for typical, non-substandard rental units occupied by recent movers, according to HUD. That means an area’s Fair Market Rent reflects that 40% of rental units cost as much or less than the estimated Fair Market Rent.

You can learn more about how Fair Market Rent is calculated at: https://www.huduser.gov/portal/datasets/fmr.html.

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More: The historic Flat Iron building to reopen as boutique hotel, reservations now open

More: Global electronic musical instrument maker Moog changing Asheville offices; former CT site

Will Hofmann is the Growth and Development Reporter for the Asheville Citizen Times, part of the USA Today Network. Got a tip? Email him at WHofmann@citizentimes.com.



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North Carolina

Families in Durham say they’re barely getting by; New report says Americans are saving less

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Families in Durham say they’re barely getting by; New report says Americans are saving less


DURHAM, N.C. (WTVD) — With the price of gas, groceries and housing continuing to climb, many who live in Durham say there’s not much left over to put away at the end of the month.

Samuel Fisher was filling up his daughter’s car at a Durham gas station when he admitted he’s had to get creative to stretch his budget. “We haven’t saved. We’re not rich,” he said. “We were saving a few hundred dollars here and there.”

Fisher said he’s now driving his daughter’s smaller car while she’s on vacation because it’s cheaper to fill up than his SUV. “It costs me 90 dollars to fill up,” he said with a laugh. “She’s not here, so I’m going to drive her car. Save some money.”

For others, cutting back has become a daily routine. Anne McConville said everything she was wearing came from a thrift store. “Black jumpsuit, black top and this necklace that was only three dollars,” she said. “It’s beautiful.”

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McConville said shopping secondhand helps her afford the basics. “Every time I go shopping, I spend 100 dollars. For me. I just buy produce.”

A new federal report shows Americans are saving less overall. The U.S. personal savings rate fell to 2.6 percent in April, a sign that rising costs for essentials are squeezing household budgets.

Arkell Barnes, a Triangle-based financial advisor for the past 30 years, said even small amounts of savings matter. “I always recommend people put something away no matter what. Pay yourself first,” he said.

Barnes said finding small ways to cut costs can help families build a cushion. “Refinancing, taking meals to work instead of going out, watching your subscriptions,” he said.

It’s advice 79-year-old Jerry McClain is already following. Pushing a cart of groceries to his car, he said he’s scaled back his spending. “I’m older, so I don’t do as much,” McClain said. “I don’t go out as much. I don’t eat out as much.”

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Barnes said more people are also picking up side jobs to bring in extra income. It’s something he believes could help boost savings in the long run.

Copyright © 2026 WTVD-TV. All Rights Reserved.



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Student from North Carolina finishes 4th in national spelling bee

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Student from North Carolina finishes 4th in national spelling bee


WASHINGTON (WBTV) – A student from North Carolina finished fourth in the Scripps National Spelling Bee on Thursday night.

Thirteen-year-old Kushi Gottimukkala made it to the 15th round of the May 28 spelling bee in Washington, D.C. before she misspelled the word “cara sposa.” She spelled it “carra spoza.”

According to the Merriam-Webster dictionary, cara sposa is an Italian word that means “dear wife.”

Gottimukkala is a seventh-grader at Carnage G&T Magnet Middle School in Raleigh. She was one of a handful of students to have been sponsored by the Carolina Panthers.

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This year’s bee was not her first time participating in the national spelling competition. She finished 41st in the 2025 event.

Outside of spelling, Gottimukkala is active in Science Olympiad, MathCounts and a dance group. She enjoys reading and has an interest in history books and documentaries.

Fourteen-year-old Shrey Parikh from California won Thursday’s spelling bee after a “spell-off” decided the champion.

Kushi Gottimukkala finished 4th in the 2026 Scripps National Spelling Bee.(Allison Robbert | AP Photo/Allison Robbert)

Also Read: 14-year-old battles nerves, dominates spell-off to win National Spelling Bee

Copyright 2026 WBTV. All rights reserved.

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Raleigh courthouse shooting rekindles push for red-flag laws in North Carolina

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Raleigh courthouse shooting rekindles push for red-flag laws in North Carolina


A shooting last week outside a Raleigh courthouse is reviving a push for laws that would allow a court to confiscate firearms from people who are believed to be a threat to themselves or others.

Twenty-two states have laws allowing extreme risk protection orders, known as “red- flag” laws, which allow courts to temporarily restrict firearm access for people considered dangerous.

The laws generally allow a judge to make that determination and order a gun owner to surrender firearms and permits. It would also allow an appeals process.

Authorities say Gwendolyn White retrieved a handgun from her vehicle before shooting two lawyers outside a Wake County courthouse on Friday. Authorities said they later recovered multiple firearms from her home, including rifles. White has been charged in the shootings. 

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Attempts to reach White and her current legal representative have been unsuccessful. 

Seth Blum, a lawyer who previously represented White, told WRAL that she called the police on her neighbors dozens of times. “Every time the police came out, they would investigate,” Blum said. “And Ms. White had this fixed belief that her neighbors were poisoning her through her air conditioning system, which there’s no evidence at all that that was true.”

Police alleged that White previously threatened a hospital and Blum described her as having an “untreated mental illness.”

“This case shows why this should be law,” said Wiley Nickel, a Democrat who is running unopposed for Wake County district attorney, referring to red-flag laws.

Democratic state Rep. Marcia Morey, has introduced red-flag legislation since 2018, but the bills have not advanced in the Republican-led General Assembly.

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“From just the news reports I’ve heard, I agree that this might have helped,” Morey said, referring to the White case. She said under her proposal, a judge could have been asked to temporarily remove firearms if concerns were raised about mental illness and access to guns.

Spokespeople for Senate leader Phil Berger did not respond to requests for comment.

A spokesperson for House Speaker Destin Hall said Thursday: “This legislation is going nowhere” and criticized Democrats, including Morey, who voted against legislation last year that ramps up monitoring of alleged criminals with mental health problems, among other reforms.  Morey didn’t immediately provide a response to Hall’s comment.

Republicans and gun rights groups oppose the proposal, arguing it violates due process protections by allowing firearms to be removed based on allegations — before an actual criminal conviction. They also argue the focus should be on keeping repeat violent offenders and people in crisis off the streets, rather than restricting access to guns through civil court orders.

Paul Valone, president of gun-rights advocacy group Grass Roots North Carolina, said existing laws surrounding involuntary commitment and criminal enforcement should be used more aggressively instead of creating a new firearm restriction process. 

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“They leave violent offenders on the streets, while confiscating firearms from lawful gun owners, in ex-parte hearings that defendants might not even know are occurring, much less get a chance to defend themselves in court,” Valone said.

Eighty-seven percent of respondents to a 2022 WRAL News poll supported red-flag laws.

Gov. Josh Stein has also supported similar restrictions. After a 2024 mass shooting in Southport, Stein said North Carolina needed a stronger response to “profoundly troubled” people and called for adoption of a red-flag law.

At the federal level, the debate intensified after a school shooting in Uvalde, Texas, that left 19 students dead. 

U.S. Sen. Thom Tillis, R-N.C., helped negotiate the bipartisan federal gun safety law signed by former President Joe Biden that encouraged states to adopt crisis intervention and red-flag programs.

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