10 Most Affordable Places to Live in North Carolina

North Carolina is a state located in the southeastern United States. South Carolina borders the state to the south, Virginia to the north, and Tennessee to the west. North Carolina is a popular destination for people moving from other parts of the country because of its mild climate, beautiful scenery, and friendly people. The state is home to some of the best colleges and universities in the country and a thriving business community. North Carolina is also a great place to raise a family, with plenty of activities and attractions for kids. If you’re thinking about moving to North Carolina, you’ll find it’s a great place to call home.
North Carolina is famously known for being a great place to live, work, and raise a family. But with the cost of living on the rise, it can be tough to find an affordable place to call home. Let’s have a look at the places that are affordable to shift:
1. Eden
Eden is a small town in northwestern North Carolina, situated on the Dan River. The town is best known for its picturesque downtown, featuring several historic buildings. The area around Eden was first settled by German immigrants in the late 18th century, and the town itself was chartered in 1792. Today, Eden remains a quaint and charming place with a strong sense of community. The downtown area is home to several businesses, including several antique stores, art galleries, restaurants, and several schools and universities. There are also several parks and recreational facilities, making Eden an enjoyable place to live or visit. Eden is a great place to live for people looking for a city full of opportunities.
- Population – 14,986
- Median Value of Home – $104,787
- Median Rent – $685
- Overall Cost of Living Compared to National Average 100 – 69.9
- Employability Rate – 94.6
- Crime Rate per 1000 residents – 33.53 (5.64 Violent and 27.88 Property)
Top Employers – Morehead Memorial Hospital, KDH Defense Systems, and Osborne are some of the top employers in the city.
Best Neighborhoods – Central Area / Meadow Summit, Fairview, Sunset Hills
Things to do in Eden:
- The Eden Historical Museum is a great place to learn about the history of this small town. The museum offers free tours, and the exhibits are well-maintained and informative.
- The Oak Hills Golf Club is a beautiful place to spend a day on the greens. The course is challenging but also has some stunning views.
- The Total Vintage Marketplace is a must-see for any antique lover. This large shop has a piece of impressive furniture, dishes, and other collectibles.
2. Henderson
Henderson is a city in Vance County, North Carolina. The city was founded in 1842 and named after former North Carolina Supreme Court Chief Justice Leonard Henderson. The city is best known for its role as the site of the Kerr-Tar Regional Council of Governments and its proximity to Kerr Lake.
Henderson is home to a thriving arts community with several galleries, museums, and theaters. Henderson is also home to several excellent public and private schools, and the city’s parks and recreation facilities are top-notch. In addition, Henderson is conveniently located near Raleigh, Durham, and Chapel Hill, making it an ideal place to live for people who want easy access to all that the Research Triangle offers. The city has various housing options, from apartments to single-family homes, and the cost of living is relatively affordable. Whether you’re looking for a place to raise a family or somewhere to retire, Henderson is worth considering.
- Population – 15,127
- Median Value of Home – $115,536
- Median Rent – $495
- Overall Cost of Living Compared to National Average 100 – 74.5
- Employability Rate – 93.4
- Crime Rate per 1000 residents – 76.89 (20.12 Violent and 56.77 Property)
Top Employers: Variety Wholesalers, Vance County, Ultrasounds, and Carolina quality are among the city’s top employers.
Best Neighborhoods: Laurel Park, Mills River, Flat Rock
Things to do in Henderson
- Raleigh Road Outdoor Theatre: For a truly unique experience, head to the Raleigh Road Outdoor Theatre. This open-air movie theatre has been entertaining visitors since 1949 and remains one of the most popular attractions in Henderson. Offerings include classic films, cult favorites, and new releases, all shown on a massive screen. Be sure to bring a blanket or lawn chair to enjoy the show!
- Kerr Lake State Recreation Area: Located just a short drive from Henderson, Kerr Lake Recreation Area is a paradise for outdoor enthusiasts. With over 50,000 acres of land, the recreation area offers ample hiking, biking, fishing, and picnicking opportunities. Visitors can also enjoy swimming, boating, and camping at one of the many lakefront campsites.
3. Lexington
Lexington is the county seat of Davidson County, North Carolina. The city was founded in 1755 and named after the English town of Lexington. Lexington, North Carolina, is a charming city located in the heart of the state. The city is home to various businesses and cultural attractions, making it an ideal place to live for families and young professionals alike. In recent years, Lexington has seen a significant amount of growth, and as a result, the city’s infrastructure has been significantly improved. New residents will find that the city offers many amenities, including excellent schools, parks, and shopping centers. The city is best known for being the home of the Lexington Barbecue Festival. In addition, Lexington is located just a short drive from several major cities, making it easy to get around the state. With its convenient location and appealing amenities, Lexington is an excellent choice for people who
- Population – 18,993
- Median Value of Home – $226,388
- Median Rent – $1,030
- Overall Cost of Living Compared to National Average 100 – 82.5
- Employability Rate – 95.6
- Crime Rate per 1000 residents – 35.71 (5.35 Violent and 30.36 Property)
Top Employers: DCSNC, Davidson Health Care, and Lolly Wolly Doodle are among the city’s major employers.
Best Neighborhoods: Whitesmith, Woodcrest
Things to do in Lexington:
- Childress Vineyards: Located in the Yadkin Valley, this vineyard is a must-see for any wine lover. With over 50 acres of vines, Childress produces a wide variety of red and white wines. Visitors can tour the vineyard, enjoy a wine tasting, and purchase bottles to take home.
- High Rock Lake: This 14,000-acre lake is perfect for fishing, swimming, boating, and hiking. With over 30 miles of shoreline, there’s plenty of space to relax and enjoy the stunning views. Several campgrounds are located around the lake, making it the perfect spot for a weekend getaway.
- Boone’s Cave Park: This park is home to the largest known cave in North Carolina. The cave is named after Daniel Boone, who was said to have used it as a hideout during the Revolutionary War. Today, visitors can hike to the cave entrance and explore the 1/2-mile trail that winds through the cavern.
4. Thomasville
Thomasville is a city in Davidson County, North Carolina. The city was founded in 1852 and named after its founder, J.P. Thomas. Thomasville is best known for being the home of the furniture industry, which began in the late 19th century. Today, Thomasville is home to more than 40 furniture factories and is considered the “Furniture Capital.” In addition to its role in the furniture industry, Thomasville is also home to a number of other businesses and cultural attractions. There are various housing choices in the city, ranging from flats to single-family houses, and living costs are reasonably cheap. Several prestigious schools are located in Thomasville, both public and private. Whether you’re looking for a place to raise a family or somewhere to retire, Thomasville is worth considering.
- Population – 26,766
- Median Value of Home – $194,962
- Median Rent – $625
- Overall Cost of Living Compared to National Average 100 – 80.3
- Employability Rate – 94.6
- Crime Rate per 1000 residents – 31.38 (4.34 Violent and 27.04 Property)
Top Employers: Atrium Windows and Doors Inc, Old Dominion Freight Line Inc, and Davidson County Schools are among the city’s major employers.
Best Neighborhoods: Fair Grove / Glen Anna, Erwin Heights / City Center, Johnson town
Things to do in Thomasville:
- The Big Duncan Phyfe Chair: This chair is a replica of the one that belonged to Duncan Phyfe, a famous furniture maker from the early 19th century. The replica was made by a local craftsman and displayed in the Thomasville History Museum.
- Lake Thom-A-Lex Park: This park is located on the outskirts of town and offers a variety of activities such as hiking, fishing, and picnicking.
- P & G Antiques: This antique store is located in downtown Thomasville and offers a wide selection of furniture, glassware, and other collectibles.
5. Asheboro
Asheboro is the county seat of Randolph County, North Carolina. The city was founded in 1796 and named after its founder, Samuel Ashe. Asheboro is a relatively affordable place to live, and it has a moderate cost of living. For people moving to the city, Asheboro offers a good quality of life at a reasonable price. The city’s location in the Piedmont region makes it a great place for outdoor activities. The city’s parks and recreation facilities provide plenty of opportunities for residents to stay active. Asheboro also has a rich history, and there are several historical landmarks located within the city limits. The city has something to offer everyone, and it is a great place to call home.
- Population – 26,309
- Median Value of Home – $188,301
- Median Rent – $923
- Overall Cost of Living Compared to National Average 100 – 80.6
- Employability Rate – 93.7
- Crime Rate per 1000 residents – 45.99 (5.49 Violent and 40.51 Property)
Top Employers: Technimark, Klaussner Furniture Industries, Randolph Hospital, and Acme-McCrary are among the city’s major employers.
Best Neighborhoods: Asheboro Community, Adams Farm
Things to do in Asheboro:
- North Carolina Zoo: The North Carolina Zoo is a renowned zoo located in Asheboro, NC. The zoo is home to over 1,500 animals and 200 species, making it one of the largest zoos in the United States. The zoo also features a variety of educational exhibits and programs, making it a great place to learn about the animal kingdom.
- Richland Creek Canopy Tours: Richland Creek Canopy Tours offers an exhilarating way to explore the Asheboro area. Guests can zip line through the treetops, enjoying stunning views of the surrounding forest. The tour also includes a short hike through the forest, offering a chance to see some of the area’s wildlife up close.
- American Classic Motorcycle Museum: American Classic Motorcycle Museum is a must-visit for any car enthusiast. The museum features a wide array of classic cars, ranging from muscle to luxury vehicles. In addition to the cars on display, the museum also offers a variety of interactive exhibits, making it a great place to learn about the history of the automobile industry.
6. Tarboro
Tarboro is a town in Edgecombe County, North Carolina. The town is located on the Tar River, from which it gets its name. The river has been an important factor in the town’s history, providing power for industry and transportation for goods. The town’s historic downtown district is home to a variety of shops and restaurants and several historic buildings. Tarboro is also home to one of the state’s two community colleges, Edgecombe Community College. The school provides various educational opportunities for residents of the town and surrounding areas. The town’s convenient location makes it easy to get around the state, and the town’s affordable housing makes it an attractive option for people who are moving to North Carolina.
- Population – 10,376
- Median Value of Home – $237,400
- Median Rent- $495
- Overall Cost of Living Compared to National Average 100 – 74.5
- Employability Rate – 92.5
- Crime Rate per 1000 residents – 33.21 (4.48 Violent and 28.73 Property)
Top Employers: Mayo Knitting Mill, Edgecombe Community College, and the Town Of Tarboro are among the city’s major employers.
Best Neighborhoods: Farrar / Shiloh Mills, Brake / Davistown, and Tarboro Northwest
Things to do in Tarboro
- Tarboro Brewing Company: If you’re a fan of craft beer, you’ll want to head to Tarboro Brewing Company. This local brewery offers a rotating selection of beers, meaning there’s always something new to try. And if you’re looking for something to eat, the brewery also has a menu of wood-fired pizzas.
- Edgecombe County Veterans Military Museum: The Edgecombe County Veterans Military Museum is the perfect place to learn about the area’s military history. The museum houses artifacts from the Revolutionary War, Civil War, and World Wars and exhibits on the local Native American tribes.
7. Sanford
Sanford is the county seat of Lee County, North Carolina. If you’re thinking of moving to Sanford, North Carolina, you’re in for a treat. This charming city is in the heart of the state, just a short drive from the Raleigh-Durham area. Sanford is the perfect size for people who want the amenities of a big city without the hustle and bustle. The cost of living in Sanford is reasonable, and the city offers a good quality of life. The city is home to several museums and historical sites and a vibrant arts scene. Outdoor enthusiasts will enjoy the many parks and green spaces, and there are plenty of shopping and dining options to suit every taste. Sanford has something for everyone, whether you’re looking for a relaxed lifestyle or an exciting place to call home.
- Population – 30,847
- Median Value of Home – $224,467
- Median Rent- $780
- Overall Cost of Living Compared to National Average 100 – 80.8
- Employability Rate – 95.8
- Crime Rate per 1000 residents – 25.58 (2.28 Violent and 23.30 Property)
Top Employers: Grp, Static Control Components, Frontier Spinning Mills Holding, and the Magneti Marelli Powertrain USA are among the city’s major employers.
Best Neighborhoods: Jonesboro Heights, West Lake Valley, Terry Sanford
Things to do in Sanford:
- Sanford Antique Mall: For nostalgia, head to the Sanford Antique Mall, where you can browse through an impressive collection of vintage furniture, toys, and collectibles.
- San-Lee Park: If you’re looking to spend time outdoors, San-Lee Park is a great option. The park offers hiking and biking trails, fishing lakes, and picnic areas.
- Temple Theater: Built in 1923, the Temple Theater is a historic landmark in Sanford. The theater hosts a variety of live performances throughout the year, ranging from musicals to stand-up comedy.
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8. Kinston
Nestled on the banks of the Neuse River, Kinston is a charming town with a rich history and a bright future. Founded in 1762, Kinston was an important center of trade and commerce during the Colonial era. In the early 19th century, it was a stop on the Underground Railroad, and later it served as a key Union enclave during the Civil War. Today, Kinston is known for its lively downtown, scenic riverfront, and commitment to preserving its past. The town is home to several museums, historic sites, and a thriving arts scene. Kinston is a wonderful place to call home with its friendly people and small-town charm.
- Population – 20,032
- Median Value of Home – $172,356
- Median Rent- $580
- Overall Cost of Living Compared to National Average 100 – 75.8
- Employability Rate – 96.2
- Crime Rate per 1000 residents – 72.41 (11.81 Violent and 60.60 Property)
Top Employers: Sanderson Farms Inc, N.C. Dept, Lenoir County Schools, and Smithfield Foods Inc are among the city’s major employers.
Best Neighborhoods: Hardee Heights, Westwood, Georgetown
Things to do in Kinston:
- CSS Neuse Civil War Interpretive Center: The CSS Neuse is a Confederate ironclad warship built in Kinston during the Civil War. The interpretive center tells the story of the ship and its crew and the battle of Kinston in which it was sunk. Visitors can also see artifacts from the ship, including cannonballs and muskets.
- Grainger Stadium: Grainger Stadium is the home of the Kinston Indians, a minor league baseball team. It has a capacity of 5,000 people and is in downtown Kinston. The stadium is also used for concerts and other events throughout the year.
9. Rocky Mount
Rocky Mount is a city in Edgecombe and Nash counties in the U.S. state of North Carolina. It is in the eastern part of the state, about an hour’s drive from Raleigh. It is one of two principal cities and is included within the Rocky Mount metropolitan area. Rocky Mount is a historic city with a rich cultural heritage. A wealth of boutiques and eateries can be found in the city center and several museums and art galleries. The city also provides a range of outdoor recreational activities, including several parks and trails. In recent years, Rocky Mount has become increasingly popular as a place to live and work due to its affordable cost of living and proximity to major metropolitan areas. If you’re looking for an affordable place to call home, Rocky Mount should be on your list.
- Population – 54,992
- Median Value of Home – $153,496
- Median Rent- $542
- Overall Cost of Living Compared to National Average 100 – 75.8
- Employability Rate – 93.8
- Crime Rate per 1000 residents – 40.10 (11.32 Violent and 28.78 Property)
Top Employers: Texas Steakhouse & Saloon, Bay Foods, City of Rocky Mount, and Draka Elevator Products are among the city’s major employers.
Best Neighborhoods: Woodgreen, West Mount, Sunset Harbour
Things to do in Rocky Mount:
- Rocky Mount Children’s Museum and Science Center: The Rocky Mount Children’s Museum and Science Center is a great place to take the kids for a day of fun and learning. There are interactive exhibits on science, history, the arts, a planetarium, and a hands-on science lab.
- Tar River Greenway: The Tar River Greenway is a beautiful nature trail that winds through downtown Rocky Mount. It’s perfect for a stroll or a vigorous hike, and you’ll get to see some of the city’s best-kept secrets along the way. You can also go fishing in the river or relax in one of the riverside parks.
10. Reidsville
Reidsville is a city in Rockingham County, North Carolina. Reidsville is located just west of Greensboro and east of Winston-Salem. The city’s historic downtown district is listed on the National Register of Historic Places. Today, Reidsville is home to a variety of businesses and industries. The city is also home to Rockingham Community College and two public high schools. There are three elementary schools, one middle school, one high school, and one community college within the city limits. Reidsville is a great place to live, work, and raise a family. There are plenty of things to do in the city, and the people are friendly and welcoming.
- Population – 13,981
- Median Value of Home – $166,390
- Median Rent- $750
- Overall Cost of Living Compared to National Average 100 – 72.1
- Employability Rate – 94.6
- Crime Rate per 1000 residents – 56.71 (9.46 Violent and 47.25 Property)
Top Employers: Albaad USA, First Greensboro Home Equity, and Rockingham County are among the city’s major employers.
Best Neighborhoods: Benaja/Midway, Wentworth, Harrisons Crossroads/University Estates
Things to do in Reidsville:
- Lake Reidsville Recreation Park: The park offers hiking, fishing, and picnicking facilities and is a great place to enjoy the outdoors. The lake is also home to various wildlife, making it a popular spot for birdwatching.
- Market Square: Market Square is the perfect place to find unique gifts and souvenirs. The square is also home to several restaurants, cafes, and ice cream shops, making it a great place to grab a bite to eat.
- A Backward Glance: This museum is dedicated to the history of Reidsville and its people. The museum features several exhibits on the city’s past and a research library.
Conclusion
There are several great affordable places to live in North Carolina. Whether you’re looking for a small town or a big city, there’s sure to be a perfect place for you. Every city has its unique charm, and there are plenty of things to do in each one. So, take your time, research, and find the perfect place to call home. Thanks for Reading!
Frequently Asked Questions
What is the cost of living in North Carolina?
The cost of living in North Carolina is quite affordable. The state has a lower-than-average cost of living, and its cities are generally very affordable. The cost-of-living index is 90.6.
What is the climate like in North Carolina?
The climate in North Carolina is mild and pleasant. The state has four distinct seasons, and the weather is generally very comfortable.
What are the job opportunities like in North Carolina?
There are plenty of job opportunities in North Carolina. The state’s economy is quite diverse, and there are jobs available in various industries. The unemployment rate in North Carolina is 4.8%.
Is North Carolina worth living in?
Yes, North Carolina is worth living in. The state has a lot to offer, and its cities are very livable. There are plenty of job opportunities, and the cost of living is quite affordable. North Carolina is a great place to call home.
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