Pine Knoll Shores 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 Pine Knoll Shores is about $1,203 per month. This puts it in the 91st percentile compared to the state average cost of rent, which is $1,066. Households in Pine Knoll Shores have a median income of $7,490 per month so the average renter in Pine Knoll Shores is spending roughly 16% of their earnings on housing.
Nationally, and in Pine Knoll Shores, home values are the data point most closely correlated with the cost of rent. The median price of a home in Pine Knoll Shores is $424,772 right now, which is higher than nearby cities, meaning that rents in Pine Knoll Shores also tend to be higher versus these nearby cities.
Higher rent prices are common in the southwestern parts of Pine Knoll Shores while lower rent rates are often available in central areas.
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