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City Report · NC

Bolivia

Pop. 247·55th most expensive in North Carolina·Bolivia rents have dropped 5.6%, currently a renter's market
Median rent (all units)
$1,774/mo
Year-over-Year
-5.6%
Month-over-Month
-2.9%
vs US Median
-$191
Falling (Monthly)
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Most AffordableMost Expensive
Bolivia · $1,774
More affordable than 56% of US cities · National median $1,965/mo
Affordability
37% of income
MODERATE
0%30% benchmark60%+

At $1,774/mo, rent takes about 37% of the local median household income, slightly above the 30% benchmark.

Income to afford
$71,000/yr
Local median income
$57,159/yr
Based on the 30%-of-income rule using Bolivia's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,110
1 BR
$1,220
2 BR
$1,350
3 BR
$1,890
4 BR+
$2,270
Research median
$1,350/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$21,288/yr
At $1,774/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.6% YoY, -2.9% MoM), not inventory.
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Demographics

Who lives here

Bolivia, NC is majority owner-occupied, has a large retiree population, has a median income below the national average, 46.4% of residents hold a bachelor's degree or higher.

Population
247
Median income
$57,159
Median age
37.5
Renters
12.9%
Age distribution
23.1%
25.1%
18.6%
25.9%
Under 1823.1%
18–3425.1%
35–5418.6%
55–647.3%
65+25.9%
Gender
53.4%
46.6%
Male53.4%
Female46.6%
Race & ethnicity
84.2%
White84.2%
Black2.8%
Hispanic10.5%
Other2.4%
Education (25+)
29.8%
15.5%
46.4%
No HS diploma8.3%
HS diploma29.8%
Some college15.5%
Bachelor's+46.4%
Housing tenure
87.1%
12.9%
Owner87.1%
Renter12.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Bolivia, NC has changed in 5 years

Income
$33,056 → $57,159
up 72.9%
Population
194 → 247
up 27.3%
Renter share
27.8% → 12.9%
-14.9 pts
Bachelor's+
44.1% → 46.4%
+2.3 pts
Median age
43.9 → 37.5
-6.4 yrs

Local incomes tracked alongside that move, going from a median of $33,056 in 2021 to $57,159 more recently. Headcount in the area went from 194 to 247 between 2021 and 2024, a 27.3% change. About 12.9% of households rent today, against 27.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 44.1% to 46.4%.

Community

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View Bolivia rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bolivia on your salary?

At $1,774/mo, how Bolivia rent compares to typical pay (30% rule).

By apartment size

Bolivia rent by bedroom count

Median rent for each apartment size in Bolivia. Click any size for full breakdown.

Local insights

Tips for renters in Bolivia

About renting in Bolivia, NC

Last updated: July 20, 2026

The median rent in Bolivia is $1,774/mo as of July 2026. A studio apartment averages $1,110/mo while a 2-bedroom runs $1,350/mo. One-bedroom apartments average $1,220/mo and 3-bedroom units go for $1,890/mo.

At 37% of local median household income ($57,159/yr), Bolivia ranks as moderate compared to the national benchmark of 30%. Rents have decreased 5.6% over the past year.

FAQ

Frequently asked questions

Is Bolivia an affordable city for renters?

Bolivia is considered moderate for renters. At $1,774/mo, rent takes approximately 37% of the local median household income ($57,159/yr). The standard benchmark is 30%. Bolivia slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Bolivia?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,774/mo in Bolivia. The local median household income is $57,159/yr, meaning the typical Bolivia household falls short of that threshold.

Is rent going up or down in Bolivia?

Rent in Bolivia has decreased 5.6% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Bolivia rent compare to other cities in North Carolina?

Bolivia is middle-of-the-pack for North Carolina for rent, ranking #55 out of 126 tracked cities at $1,774/mo.

Which nearby cities are cheaper to rent in than Bolivia?

Several nearby cities have lower median rents than Bolivia ($1,774/mo): Leland ($1,671/mo), Shallotte ($1,704/mo).

What percentage of Bolivia residents rent vs. own?

According to Census data, approximately 12.9% of Bolivia households are renters, while 87.1% are owner-occupied. Bolivia leans toward homeownership, which can mean a smaller rental inventory.

How does Bolivia rent compare to the national average?

Bolivia's median rent of $1,774/mo is $191 (10%) below the US national median of $1,965/mo. Within North Carolina, it ranks #55 out of 126 tracked cities.
Income Affordability
37%
MODERATE

At $1,774/mo, rent takes ~37% of Bolivia's median household income ($57,159/yr). The standard benchmark is 30%.

Bolivia 37%Benchmark 30%
State income tax4.5%
Run the Bolivia affordability calculator →
Lowest-rent ZIP codes in Bolivia
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Bolivia, NC

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