Vests / Hiwassee Village, NC

Neighborhood

Rent in Vests / Hiwassee Village

Median Gross Rent

$1,026

Renter Share

7.0%

Median Renter Income

$25,066

Avg Household Size

2.8

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 25.4%
$1,000-$1,500: 32.2%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 42.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 10.2%
20-30% (moderate): 0.0%
30-50% (cost-burdened): 0.0%
50%+ (severely cost-burdened): 32.2%
Not Computed: 57.6%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $49,028
Renter Households: $25,066

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 57.6%
$1,000-$1,500: 0.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 42.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Vests / Hiwassee Village

Murphy Town Square / Downtown Murphy