Rent in Lenoir, NC at a glance
2-bedroom rent (HUD)
$1,095$13,140 a year · HUD fiscal year 2026From October 1, 2026: $1,147 (+4.7%)How much rent can you afford in Lenoir, NC?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Lenoir, 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 | $858 | $10,296 | $34,320 | $16.50/hr |
| 1 bedroom | $908 | $10,896 | $36,320 | $17.46/hr |
| 2 bedroomsMost searched | $1,095 | $13,140 | $43,800 | $21.06/hr |
| 3 bedrooms | $1,372 | $16,464 | $54,880 | $26.38/hr |
| 4 bedrooms | $1,660 | $19,920 | $66,400 | $31.92/hr |
Living and working in Lenoir, NC
Rent in Lenoir, NC: common questions
How much is rent going up in Lenoir, NC in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,147 for a two-bedroom, up 4.7% from $1,095. A one-bedroom goes from $908 to $965, a studio from $858 to $961.
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 Lenoir, NC?
HUD's Fair Market Rent for 2026 is $908 for a one-bedroom and $1,095 for a two-bedroom, utilities included. That is $13,140 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 Lenoir, NC?
To keep a $1,095 two-bedroom at 30% of gross pay, one full-time worker needs $21.06 an hour, or $43,800 a year. A one-bedroom at $908 takes $17.46 an hour.
How much is a 1, 2 or 3-bedroom apartment in Lenoir, NC?
At HUD's 2026 Fair Market Rent: studio $858, one bedroom $908, two $1,095, three $1,372 and four $1,660 a month.
Is rent affordable in Lenoir, NC?
For the typical household, earning $49,910 a year ($4,159 a month, Census ACS), a two-bedroom at $1,095 takes 26.3% 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: ($1,095 × 12) ÷ 0.30 = $43,800. Divided by 2,080 working hours, that is $21.06 an hour.