Northcutts Cove renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Northcutts Cove is about $607 per month. This puts it in the 14th percentile compared to the state average cost of rent, which is $1,035. Households in Northcutts Cove have a median income of $3,052 per month so the average renter in Northcutts Cove is spending roughly 20% of their earnings on housing.
Nationally, and in Northcutts Cove, home values are the data point most closely correlated with the cost of rent. The median price of a home in Northcutts Cove is $76,799 right now, which is lower than nearby cities, meaning that rents in Northcutts Cove also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Northcutts Cove while lower rent rates are often available in northern areas.
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