Rent in Rowan County, NC at a glance
2-bedroom rent (HUD)
$1,196$14,352 a year · HUD fiscal year 2026From October 1, 2026: $1,262 (+5.5%)How much rent can you afford in Rowan 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 Rowan 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 | $952 | $11,424 | $38,080 | $18.31/hr |
| 1 bedroom | $958 | $11,496 | $38,320 | $18.42/hr |
| 2 bedroomsMost searched | $1,196 | $14,352 | $47,840 | $23.00/hr |
| 3 bedrooms | $1,573 | $18,876 | $62,920 | $30.25/hr |
| 4 bedrooms | $2,006 | $24,072 | $80,240 | $38.58/hr |
Cost of living in Rowan County, NC: income, prices and a budget →
Living and working in Rowan County, NC
Rent in Rowan County, NC: common questions
How much is rent going up in Rowan County, NC in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,262 for a two-bedroom, up 5.5% from $1,196. A one-bedroom goes from $958 to $1,012, a studio from $952 to $992.
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 Rowan County, NC?
HUD's Fair Market Rent for 2026 is $958 for a one-bedroom and $1,196 for a two-bedroom, utilities included. That is $14,352 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 Rowan County, NC?
To keep a $1,196 two-bedroom at 30% of gross pay, one full-time worker needs $23.00 an hour, or $47,840 a year. A one-bedroom at $958 takes $18.42 an hour.
How much is a 1, 2 or 3-bedroom apartment in Rowan County, NC?
At HUD's 2026 Fair Market Rent: studio $952, one bedroom $958, two $1,196, three $1,573 and four $2,006 a month.
Is rent affordable in Rowan County, NC?
For the typical household, earning $65,725 a year ($5,477 a month, Census ACS), a two-bedroom at $1,196 takes 21.8% 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: ($1,196 × 12) ÷ 0.30 = $47,840. Divided by 2,080 working hours, that is $23.00 an hour.