Tabor City 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 Tabor City is about $679 per month. This puts it in the 22nd percentile compared to the state average cost of rent, which is $1,066. Households in Tabor City have a median income of $3,092 per month so the average renter in Tabor City is spending roughly 22% of their earnings on housing.
Nationally, and in Tabor City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Tabor City is $113,800 right now, which is higher than nearby cities, meaning that rents in Tabor City also tend to be higher versus these nearby cities.
Higher rent prices are common in the eastern parts of Tabor City while lower rent rates are often available in northern areas.
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