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City Report · NC

Newton

Pop. 13,333·120th most expensive in North Carolina·One of the most affordable rental markets in the US
Median rent (all units)
$1,236/mo
Year-over-Year
Stable
Month-over-Month
-13.0%
vs US Median
-$726
Falling (Monthly)
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Most AffordableMost Expensive
Newton · $1,236
More affordable than 91% of US cities · National median $1,962/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,236/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$49,000/yr
Local median income
$62,015/yr
Based on the 30%-of-income rule using Newton's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$930
2 BR
$1,140
3 BR
$1,450
4 BR+
$1,710
Fair Market Rent (HUD)
$1,140/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,236 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$14,832/yr
At $1,236/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -13.0% MoM), not inventory.
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Demographics

Who lives here

Newton, NC is majority owner-occupied, has a large retiree population, has a median income below the national average, 21% of residents hold a bachelor's degree or higher.

Population
13,333
Median income
$62,015
Median age
38.2
Renters
27.4%
Age distribution
21%
22.6%
25.1%
20.5%
Under 1821%
18–3422.6%
35–5425.1%
55–6410.7%
65+20.5%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
67.3%
White67.3%
Black8.3%
Hispanic11.6%
Asian9.2%
Other3.6%
Education (25+)
13.6%
30.7%
34.8%
21%
No HS diploma13.6%
HS diploma30.7%
Some college34.8%
Bachelor's+21%
Housing tenure
72.6%
27.4%
Owner72.6%
Renter27.4%

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

2021 vs 2026

How Newton, NC has changed in 5 years

Income
$55,391 → $62,015
up 12.0%
Population
13,081 → 13,333
up 1.9%
Renter share
34.2% → 27.4%
-6.8 pts
Bachelor's+
22.1% → 21%
-1.1 pts
Median age
44.1 → 38.2
-5.9 yrs

Local incomes tracked alongside that move, going from a median of $55,391 in 2021 to $62,015 more recently. Headcount in the area went from 13,081 to 13,333 between 2021 and 2024, a 1.9% change. About 27.4% of households rent today, against 34.2% in 2021.

Community

Discussions about Newton

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

Can you afford rent in Newton on your salary?

At $1,236/mo, how Newton rent compares to typical pay (30% rule).

By apartment size

Newton rent by bedroom count

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

Local insights

Tips for renters in Newton

About renting in Newton, NC

Last updated: August 17, 2026

The median rent in Newton is $1,236/mo as of August 2026. A studio apartment averages $890/mo while a 2-bedroom runs $1,140/mo. One-bedroom apartments average $930/mo and 3-bedroom units go for $1,450/mo.

At 24% of local median household income ($62,015/yr), Newton ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Newton an affordable city for renters?

Newton is considered very affordable for renters. At $1,236/mo, rent takes approximately 24% of the local median household income ($62,015/yr). The standard benchmark is 30%. Newton falls comfortably within that range.

How much income do you need to rent in Newton?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (~$24/hour full-time) to afford the median rent of $1,236/mo in Newton. The local median household income is $62,015/yr, meaning the typical Newton household meets that threshold.

Is rent going up or down in Newton?

Rent in Newton has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

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

Newton is one of the more affordable cities in North Carolina for rent, ranking #120 out of 128 tracked cities at $1,236/mo.

What percentage of Newton residents rent vs. own?

According to Census data, approximately 27.4% of Newton households are renters, while 72.6% are owner-occupied. Newton leans toward homeownership, which can mean a smaller rental inventory.

How does Newton rent compare to the national average?

Newton's median rent of $1,236/mo is $726 (37%) below the US national median of $1,962/mo. Within North Carolina, it ranks #120 out of 128 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,236/mo, rent takes ~24% of Newton's median household income ($62,015/yr). The standard benchmark is 30%.

Newton 24%Benchmark 30%
State income tax4.5%
Run the Newton affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newton, NC

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