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Highest gross rent yields in North Carolina

Hyde County leads North Carolina at 12.22% gross rent yield, on a median rent of $1,263 and a median home value of $124,000. Census median rent relative to Census median home value, ranked for long-term landlords.

Highest county yield
12.22%
Hyde County
Median gross rent
$1,263
ACS B25064
Median home value
$124,000
ACS B25077
State yield
5.10%
State median rent and value

Counties ranked by gross rent yield

1Hyde County$1,263$129$124,000$22,98912.22%
2Robeson County$805$22$94,500$2,44510.22%
3Bertie County$839$55$98,500$11,90710.22%
4Halifax County$813$44$106,200$7,7849.19%
5Greene County$853$29$117,400$7,0968.72%
6Lenoir County$861$28$120,500$7,0928.57%
7Hertford County$844$36$119,200$7,1408.50%
8Martin County$758$76$109,700$7,0018.29%
9Edgecombe County$858$30$125,100$7,1098.23%
10Scotland County$778$24$114,900$5,3898.13%
11Gates County$1,143$207$170,800$11,4788.03%
12Northampton County$758$63$114,500$10,4157.94%
13Duplin County$865$49$137,400$10,0797.55%
14Cumberland County$1,222$15$199,200$3,4387.36%
15Washington County$743$256$125,900$16,6077.08%
16Jones County$747$47$130,300$10,5686.88%
17Bladen County$773$73$135,100$18,9686.87%
18Richmond County$724$45$127,800$20,2586.80%
19Columbus County$824$40$146,000$11,8966.77%
20Sampson County$834$30$150,700$8,6856.64%
21Anson County$814$49$148,600$22,8686.57%
22Vance County$883$42$161,500$11,5096.56%
23Wayne County$965$30$178,700$9,1736.48%
24Onslow County$1,265$40$236,400$5,1226.42%
25Wilson County$953$35$186,000$8,9366.15%
26Warren County$790$54$154,200$13,9566.15%
27Nash County$953$29$191,000$9,9315.99%
28Pasquotank County$1,170$80$234,600$12,4405.98%
29Hoke County$1,089$59$219,300$7,3385.96%
30Rockingham County$810$31$168,600$5,9125.77%
31Craven County$1,110$39$231,600$6,9745.75%
32Burke County$884$47$185,400$10,6425.72%
33Pitt County$993$21$208,900$7,8375.70%
34Montgomery County$766$38$161,700$8,2775.68%
35McDowell County$806$45$171,100$10,4145.65%
36Cleveland County$914$50$200,000$8,6125.48%
37Beaufort County$871$41$192,700$9,4475.42%
38Harnett County$1,112$46$246,200$8,1405.42%
39Randolph County$887$35$197,100$6,3925.40%
40Guilford County$1,163$14$259,900$6,1135.37%
41Caswell County$727$28$164,500$7,1375.30%
42Alamance County$1,064$25$241,500$5,5115.29%
43Forsyth County$1,098$20$250,400$5,1115.26%
44Perquimans County$1,008$134$231,700$18,1445.22%
45Gaston County$1,153$22$266,000$5,5555.20%
46Surry County$761$23$177,600$7,2935.14%
47Wilkes County$723$37$168,800$8,9375.14%
48Rowan County$1,013$35$238,400$7,8745.10%
49Lee County$1,017$46$240,200$11,3835.08%
50Yadkin County$766$47$181,200$12,1375.07%
51Davidson County$901$33$219,100$5,3694.93%
52Granville County$1,008$57$247,700$11,6164.88%
53Person County$864$46$213,900$14,5084.85%
54Mecklenburg County$1,627$14$406,800$4,7524.80%
55Catawba County$965$41$241,600$6,0134.79%
56Cabarrus County$1,414$42$354,800$6,5444.78%
57Graham County$676$179$170,600$23,2034.75%
58Stokes County$775$31$196,700$8,7884.73%
59Tyrrell County$644$210$164,500$36,3944.70%
60Iredell County$1,252$51$321,400$9,5124.67%
61Rutherford County$783$19$201,800$9,0654.66%
62Durham County$1,508$31$389,400$6,1044.65%
63Caldwell County$744$24$192,200$9,4164.65%
64Brunswick County$1,351$52$349,800$6,8514.63%
65Haywood County$1,067$50$279,200$9,5374.59%
66Franklin County$1,083$36$284,300$14,0004.57%
67Johnston County$1,146$76$305,600$6,0394.50%
68Polk County$1,178$119$315,000$21,5154.49%
69Pender County$1,106$105$299,000$15,5284.44%
70Mitchell County$813$64$220,100$13,5544.43%
71Camden County$1,232$132$337,100$11,9374.39%
72New Hanover County$1,417$32$387,800$7,0954.38%
73Yancey County$882$83$243,100$17,2354.35%
74Alexander County$764$29$211,800$11,2344.33%
75Union County$1,496$74$417,300$6,9904.30%
76Swain County$742$53$207,000$19,7334.30%
77Moore County$1,254$79$351,400$9,1774.28%
78Stanly County$861$32$242,400$7,2054.26%
79Ashe County$859$59$243,100$17,2994.24%
80Wake County$1,623$16$461,300$3,8484.22%
81Cherokee County$813$141$232,300$11,6144.20%
82Buncombe County$1,362$42$391,800$8,3084.17%
83Pamlico County$752$113$216,800$18,0614.16%
84Davie County$867$51$253,900$19,4084.10%
85Henderson County$1,187$55$351,400$8,7974.05%
86Carteret County$1,108$48$333,300$9,2753.99%
87Orange County$1,496$41$459,500$9,7353.91%
88Macon County$803$56$251,900$16,6203.83%
89Jackson County$904$55$284,700$19,9693.81%
90Lincoln County$1,015$67$321,000$13,1003.79%
91Alleghany County$675$135$214,800$19,0603.77%
92Watauga County$1,127$85$358,900$18,2693.77%
93Currituck County$1,162$133$378,800$11,7093.68%
94Dare County$1,345$85$460,400$16,4203.51%
95Avery County$773$106$265,800$21,8873.49%
96Chowan County$681$40$235,800$18,4503.47%
97Clay County$804$238$278,400$32,7563.47%
98Madison County$780$64$284,600$22,4543.29%
99Chatham County$1,180$99$446,200$14,5533.17%
100Transylvania County$967$144$373,600$19,1663.11%

Method

Gross rent yield equals Census median gross rent (ACS table B25064) times 12, divided by Census median home value (ACS table B25077). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. State rows use the state estimate. County rows use the county estimate. A place is left out when either median is missing or not positive. Margins of error are the ACS margins published for each median. Rank is the unrounded ratio, then the place name.

Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25077, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064.

Frequently asked questions

What is the highest gross rent yield in North Carolina?

Hyde County at 12.22%. Median gross rent is $1,263 (margin of error $129). Median home value is $124,000 (margin of error $22,989).

What is the lowest gross rent yield in North Carolina?

Transylvania County at 3.11%. Median gross rent is $967 (margin of error $144). Median home value is $373,600 (margin of error $19,166).

What is the state-level gross rent yield in North Carolina?

5.10%. Median gross rent is $1,228 (margin of error $5). Median home value is $288,900 (margin of error $1,086).