Places For Rent in New Bern, North Carolina · 23 Rentals (2024)

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What is the cost of living in New Bern, NC? ›

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Rent in North Carolina is 11% lower than the national median.

North Carolina is one of the least accommodating states in the country for renters, according to a new study by the apartment search website RENTCafé. The report analyzed landlord-tenant laws in all fifty states and the District of Columbia and then ranked states based on those criteria.

Family-sustaining wages in North Carolina range from $16.83 per hour for one working adult living alone to $42.45 per hour for one working adult supporting three children.

CHARLOTTE, N.C. — Renters on the hunt for a new home might feel a relief in their wallets as cities across North Carolina are seeing a drop in rent after years of increases. Rent.com reports a 7% drop since the July peak of median prices of $1,839 in Charlotte, while Raleigh saw over 4% of a drop in the past year.

The U.S. state with the lowest average monthly rent: West Virginia. West Virginia has the lowest rent costs with a monthly average of $846, according to the doxo report. It is also the most affordable state for mortgage payments, with an average of $961.

The most affordable U.S. state overall is Utah, in which the cost of living makes up 63.3% of average residents' income. Coming in second place is Tennessee, in which the cost of living makes up 63.7% of average income. Meanwhile, Arizona comes in third place, with cost of living making up 64.1% of average income.

Generally, most landlords require applicants to have a credit score of at least 620 to be considered for rental housing. This means that if your FICO score is lower than 620, you may be denied an application or asked for additional security deposits or co-signers before being approved.

How much do people pay for rent in NC? ›

Prices can change quickly, but in 2022, the median price for a family home in North Carolina was $369,500. That's one percent lower than the national median price of $375,000. For renters, the median monthly rent for a two-bedroom apartment in North Carolina was $1,137, compared with the national median of $1,286.

The minimum wage in North Carolina is currently $7.25 an hour. Employers doing business in North Carolina are required to pay at least $7.25 per hour to all employees (agricultural and domestic employees are subject to the federal minimum wage).

The cost of living in New Bern is very affordable, with a cost of living index of 83.0. Food, transportation, utilities, and healthcare all cost less than the national average. Housing is also affordable in this city, at a median home price of $250,905, much less than the national average.

Living in New Bern offers residents a dense suburban feel and most residents own their homes. In New Bern there are a lot of parks. Many families, young professionals, and retirees live in New Bern and residents tend to have moderate political views. The public schools in New Bern are above average.