North Carolina
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.
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.
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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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.
North Carolina
North Carolina felon gets 22 years for 15 guns, fentanyl pills, meth and cocaine
CHEROKEE COUNTY, N.C. — A Murphy, North Carolina man with prior felony convictions was sentenced this week after authorities say he was caught with a large cache of illegal drugs and firearms.
44-year-old John Anthony Barreiro of Murphy was sentenced Thursday to 22 years in prison and ordered to serve five years of supervised release, according to an announcement from Russ Ferguson, U.S. attorney for the Western District of North Carolina.
Authorities say Barreiro illegally possessed 15 firearms along with more than 1,600 fentanyl pills and more than 800 grams of methamphetamine and cocaine.
According to court documents, Cherokee County Sheriff’s Office deputies attempted to conduct a traffic stop of Barreiro’s vehicle on Dec. 4th, 2023.
Authorities say Barreiro fled instead of stopping, leading to a vehicle pursuit.
Court documents show that during the chase, Barreiro threw a Glock 9mm pistol out of the passenger-side window.
Authorities say he later threw a bag out of the same window containing more than 300 grams of methamphetamine, fentanyl tablets, fentanyl powder and cocaine.
Law enforcement later recovered the firearm and the drugs, according to court records.
After throwing the gun and drugs from the vehicle, authorities say Barreiro pulled over and was arrested.
Investigators say they found additional clear baggies with suspected fentanyl, methamphetamine and cocaine in the vehicle and on Barreiro.
Authorities also say Barreiro had $7,840 in cash, marijuana, a loaded Glock 30-round capacity magazine and a bag containing multiple loose rounds of 9mm ammunition in the vehicle.
Later the same day, the Cherokee County Sheriff’s Office executed a search warrant at a Murphy home where Barreiro was known to reside.
Law enforcement seized 14 firearms, 1,450 fentanyl tablets, fentanyl powder, cocaine and almost 500 grams of methamphetamine, authorities say.
Barreiro had prior convictions that prohibited him from possessing firearms.
Barreiro pleaded guilty on Sept. 26th to possession with intent to distribute fentanyl, methamphetamine and cocaine, and possession of a firearm by a felon.
He was sentenced to 22 years in federal prison on Thursday.
Barreiro remains in federal custody until he is transferred to the custody of the Federal Bureau of Prisons.
North Carolina
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.”
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.”
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.
North Carolina
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.
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.
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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