Old Spring Hope / Stanhope, NC

Neighborhood

Rent in Old Spring Hope / Stanhope

Median Gross Rent

$870

Rent-to-Income Ratio

25.4%

Renter Share

18.3%

Avg Household Size

3.3

Median Rent by Bedrooms

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

2 Bedrooms: $1,101
3 Bedrooms: $642

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: 43.7%
$1,000-$1,500: 31.2%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 25.1%

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): 28.8%
20-30% (moderate): 10.8%
30-50% (cost-burdened): 10.2%
50%+ (severely cost-burdened): 25.1%
Not Computed: 25.1%

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: $88,068

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: 74.9%
$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: 25.1%

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

Nearby Neighborhoods in Old Spring Hope / Stanhope

Neighborhood

Nash, NC

Hunts / Lamm Crossroads

Batchelor Crossroads / Corinth

Winstead Crossroads / Langley Crossroads

Frazier Crossroads / Union Hope

Dew Field / Country Club Colony