Cove Creek, NC

City

Rent in Cove Creek

Median Gross Rent

$1,601

Rent-to-Income Ratio

51.0%

Renter Share

18.1%

Median Renter Income

$16,250

Avg Household Size

1.9

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

2 Bedrooms: $1,628

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

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: 19.0%
$1,000-$1,500: 4.1%
$1,500-$2,000: 38.8%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 38.0%

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): 0.0%
20-30% (moderate): 0.0%
30-50% (cost-burdened): 23.1%
50%+ (severely cost-burdened): 38.8%
Not Computed: 38.0%

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: $54,280
Renter Households: $16,250

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: 19.0%
$1,000-$1,500: 43.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 38.0%

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

Nearby Neighborhoods in Cove Creek

Neighborhood

Watauga, NC

Zionville / Silverstone

Perkinsville / Grandview Heights

Meat Camp / Soda Hill

Laurel Bloomery / Trade

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