Twin Lakes, NC

Rent in Twin Lakes

Median Gross Rent

$1,107

Rent-to-Income Ratio

28.5%

Renter Share

36.8%

Median Renter Income

$45,699

Avg Household Size

3.4

Median Rent by Bedrooms

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

2 Bedrooms: $874
3 Bedrooms: $1,394
4 Bedrooms: $1,188

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: 43.5%
$1,000-$1,500: 30.0%
$1,500-$2,000: 22.1%
$2,000-$2,500: 2.4%
$2,500+: 0.0%
No Cash Rent: 2.0%

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): 31.2%
20-30% (moderate): 19.7%
30-50% (cost-burdened): 13.7%
50%+ (severely cost-burdened): 28.6%
Not Computed: 6.8%

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: $75,197
Renter Households: $45,699

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: 60.8%
$1,000-$1,500: 32.4%
$1,500-$2,000: 4.8%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 2.0%

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