Spruce Pine, NC

City

Rent in Spruce Pine

Median Gross Rent

$837

Rent-to-Income Ratio

29.3%

Renter Share

35.6%

Median Renter Income

$29,481

Avg Household Size

2.1

Median Rent by Bedrooms

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

1 Bedroom: $654
2 Bedrooms: $861
3 Bedrooms: $860

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: 57.1%
$1,000-$1,500: 21.0%
$1,500-$2,000: 8.8%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 13.1%

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): 18.4%
20-30% (moderate): 27.3%
30-50% (cost-burdened): 28.5%
50%+ (severely cost-burdened): 11.6%
Not Computed: 14.1%

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: $52,772
Renter Households: $29,481

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: 71.5%
$1,000-$1,500: 6.6%
$1,500-$2,000: 8.8%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 13.1%

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

Nearby Neighborhoods in Spruce Pine

Neighborhood

Mitchell, NC

Strawberry Ridge / Altapass

Three Mile / Plumtree

Little Switzerland / Sunnyvale

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