The Most Affordable Neighborhoods in Lenoir County, NC by Home Value

These days, finding an affordable place to live in the Lenoir County area can be challenging. Home prices in Lenoir County are now at a median cost of $125,074, lower than the North Carolina average of $323,314.

The average cost of rent is $850/mo in Lenoir County, primarily driven by the current value of real estate in the Lenoir County area. In Lenoir County, 40.79% of households rent, and 55.30% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lenoir County is $4,278 per month. Households that rent pay about 19.88% of their income on rent here. Lenoir County’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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