Rent in Iredell County, NC at a glance
2-bedroom rent (HUD)
$1,340$16,080 a year · HUD fiscal year 2026From October 1, 2026: $1,429 (+6.6%)How much rent can you afford in Iredell County, NC?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Iredell County, NC by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,167 | $14,004 | $46,680 | $22.44/hr |
| 1 bedroom | $1,222 | $14,664 | $48,880 | $23.50/hr |
| 2 bedroomsMost searched | $1,340 | $16,080 | $53,600 | $25.77/hr |
| 3 bedrooms | $1,809 | $21,708 | $72,360 | $34.79/hr |
| 4 bedrooms | $2,248 | $26,976 | $89,920 | $43.23/hr |
Cost of living in Iredell County, NC: income, prices and a budget →
Living and working in Iredell County, NC
Rent in Iredell County, NC: common questions
How much is rent going up in Iredell County, NC in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,429 for a two-bedroom, up 6.6% from $1,340. A one-bedroom goes from $1,222 to $1,313, a studio from $1,167 to $1,260.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Iredell County, NC?
HUD's Fair Market Rent for 2026 is $1,222 for a one-bedroom and $1,340 for a two-bedroom, utilities included. That is $16,080 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Iredell County, NC?
To keep a $1,340 two-bedroom at 30% of gross pay, one full-time worker needs $25.77 an hour, or $53,600 a year. A one-bedroom at $1,222 takes $23.50 an hour.
How much is a 1, 2 or 3-bedroom apartment in Iredell County, NC?
At HUD's 2026 Fair Market Rent: studio $1,167, one bedroom $1,222, two $1,340, three $1,809 and four $2,248 a month.
Is rent affordable in Iredell County, NC?
For the typical household, earning $81,419 a year ($6,785 a month, Census ACS), a two-bedroom at $1,340 takes 19.7% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,340 × 12) ÷ 0.30 = $53,600. Divided by 2,080 working hours, that is $25.77 an hour.