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City Report · NC

Pikeville

Pop. 776·83rd most expensive in North Carolina·Rental market data updated monthly for Pikeville, NC
Median rent (all units)
$1,625/mo
Year-over-Year
Stable
Month-over-Month
+9.1%
vs US Median
-$340
Rising (Monthly)
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Most AffordableMost Expensive
Pikeville · $1,625
More affordable than 67% of US cities · National median $1,965/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,625/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$65,000/yr
Local median income
$62,396/yr
Based on the 30%-of-income rule using Pikeville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,290
1 BR
$1,320
2 BR
$1,490
3 BR
$1,840
4 BR+
$2,440
Research median
$1,490/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: June 22, 2026

Annual cost
$19,500/yr
At $1,625/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +9.1% MoM), not inventory.
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Demographics

Who lives here

Pikeville, NC is majority owner-occupied, skews toward younger working-age adults, has a median income below the national average, 20.1% of residents hold a bachelor's degree or higher.

Population
776
Median income
$62,396
Median age
32.8
Renters
40.6%
Age distribution
21.6%
30.5%
27.2%
13.9%
Under 1821.6%
18–3430.5%
35–5427.2%
55–646.7%
65+13.9%
Gender
52.3%
47.7%
Male52.3%
Female47.7%
Race & ethnicity
78.6%
18.3%
White78.6%
Black18.3%
Hispanic1.7%
Other1.4%
Education (25+)
18%
18.5%
43.4%
20.1%
No HS diploma18%
HS diploma18.5%
Some college43.4%
Bachelor's+20.1%
Housing tenure
59.4%
40.6%
Owner59.4%
Renter40.6%

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

2021 vs 2026

How Pikeville, NC has changed in 5 years

Income
$51,250 → $62,396
up 21.7%
Population
565 → 776
up 37.3%
Renter share
33.3% → 40.6%
+7.3 pts
Bachelor's+
22% → 20.1%
-1.9 pts
Median age
42.6 → 32.8
-9.8 yrs

Local incomes tracked alongside that move, going from a median of $51,250 in 2021 to $62,396 more recently. Census counts show Pikeville, NC adding about 211 residents over the five-year window, up 37.3% on net. The renter share has risen from 33.3% to 40.6%, with owner-occupied housing accounting for the remainder.

Community

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

Can you afford rent in Pikeville on your salary?

At $1,625/mo, how Pikeville rent compares to typical pay (30% rule).

By apartment size

Pikeville rent by bedroom count

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

Local insights

Tips for renters in Pikeville

About renting in Pikeville, NC

Last updated: June 22, 2026

The median rent in Pikeville is $1,625/mo as of June 2026. A studio apartment averages $1,290/mo while a 2-bedroom runs $1,490/mo. One-bedroom apartments average $1,320/mo and 3-bedroom units go for $1,840/mo.

At 31% of local median household income ($62,396/yr), Pikeville ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Pikeville an affordable city for renters?

Pikeville is considered moderate for renters. At $1,625/mo, rent takes approximately 31% of the local median household income ($62,396/yr). The standard benchmark is 30%. Pikeville slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Pikeville?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,625/mo in Pikeville. The local median household income is $62,396/yr, meaning the typical Pikeville household falls short of that threshold.

Is rent going up or down in Pikeville?

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

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

Pikeville is one of the more affordable cities in North Carolina for rent, ranking #83 out of 124 tracked cities at $1,625/mo.

Which nearby cities are cheaper to rent in than Pikeville?

Several nearby cities have lower median rents than Pikeville ($1,625/mo): Rocky Mount ($1,300/mo), Goldsboro ($1,388/mo), Wilson ($1,458/mo).

What percentage of Pikeville residents rent vs. own?

According to Census data, approximately 40.6% of Pikeville households are renters, while 59.4% are owner-occupied. Pikeville leans toward homeownership, which can mean a smaller rental inventory.

How does Pikeville rent compare to the national average?

Pikeville's median rent of $1,625/mo is $340 (17%) below the US national median of $1,965/mo. Within North Carolina, it ranks #83 out of 124 tracked cities.
Income Affordability
31%
MODERATE

At $1,625/mo, rent takes ~31% of Pikeville's median household income ($62,396/yr). The standard benchmark is 30%.

Pikeville 31%Benchmark 30%
State income tax4.5%
Run the Pikeville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Pikeville, NC

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