City Report · NC

Raeford

Pop. 4,552·60th most expensive in North Carolina·Rental market data updated monthly for Raeford, NC
Median rent (all units)
$1,725/mo
Year-over-Year
+3.8%
Month-over-Month
+0.3%
vs US Median
-$207
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Raeford · $1,725
More affordable than 59% of US cities · National median $1,932/mo
Rent Reality Score
56/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Raeford's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,725/mo
Expected by trend
$1,774/mo
The Rent Reality Score compares today's median rent to where Raeford's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$810
1 BR
$820
2 BR
$1,070
3 BR
$1,500
4 BR+
$1,800
Fair Market Rent (HUD)
$1,070/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,725 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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Raeford is at its highest level since Zillow's records here began in December 2021.

Past year vs. the rest of North Carolina

Rent in Raeford changed +3.8% over the year to September 2026. Across the 94 North Carolina cities Zillow tracks, the typical change was +2.9%.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($46,494) is $1,162 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,070); a 3-bedroom is $1,500.

Cheaper nearby

Fayetteville, 19 miles away, rents for 21% less ($1,362/mo), about $4,400 a year in savings.

From Zillow's monthly rent index (ZORI) for Raeford. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,700/yr
At $1,725/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.8% YoY, +0.3% MoM), not inventory.
Rent check

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Demographics

Who lives here

Raeford, NC is majority owner-occupied, has a large retiree population, has a median income below the national average, 23.6% of residents hold a bachelor's degree or higher.

Population
4,552
Median income
$46,494
Median age
37
Renters
42.9%
Age distribution
24.7%
21.4%
22.2%
21.3%
Under 1824.7%
18–3421.4%
35–5422.2%
55–6410.4%
65+21.3%
Gender
47%
53%
Male47%
Female53%
Race & ethnicity
42%
39.4%
White42%
Black39.4%
Hispanic6.2%
Asian0.9%
Other11.4%
Education (25+)
13.2%
29.4%
33.8%
23.6%
No HS diploma13.2%
HS diploma29.4%
Some college33.8%
Bachelor's+23.6%
Housing tenure
57.1%
42.9%
Owner57.1%
Renter42.9%

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

2022 vs 2026

How Raeford, NC has changed in 5 years

Rent
$1,424 → $1,725
up 21.1%
Income
$35,042 → $46,494
up 32.7%
Population
4,743 → 4,552
down 4.0%
Renter share
42.8% → 42.9%
+0.1 pts
Bachelor's+
20.3% → 23.6%
+3.3 pts
Median age
38.7 → 37
-1.7 yrs

Five years ago, renters in Raeford, NC paid around $1,424 a month. That figure now sits near $1,725, up 21.1% from the 2022 baseline. Household income in the area moved from $35,042 to $46,494 across the same window, up 32.7% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Raeford, NC losing about 191 residents over the five-year window, down 4.0% on net. Bachelor's-degree-or-higher attainment moved from 20.3% to 23.6% across the same window. Reading these numbers side by side helps frame whether current listings in Raeford, NC look reasonable against where the market sat half a decade ago.

Community

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

Can you afford rent in Raeford on your salary?

At $1,725/mo, how Raeford rent compares to typical pay (30% rule).

By apartment size

Raeford rent by bedroom count

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

Local insights

Tips for renters in Raeford

About renting in Raeford, NC

Last updated: October 17, 2026

The median rent in Raeford is $1,725/mo as of October 2026. A studio apartment averages $810/mo while a 2-bedroom runs $1,070/mo. One-bedroom apartments average $820/mo and 3-bedroom units go for $1,500/mo.

At 45% of local median household income ($46,494/yr), Raeford ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Raeford?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,725/mo in Raeford. The local median household income is $46,494/yr, so the typical household falls short of that bar.

Is rent going up or down in Raeford?

Rent in Raeford has risen 3.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2021.

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

Raeford is in the middle among North Carolina cities for rent, ranking #60 of 129 tracked cities at $1,725/mo. Over the year to September 2026, rent in Raeford changed +3.8%, against a typical +2.9% across the 94 North Carolina cities Zillow tracks.
Income Affordability
45%
STRETCHED

At $1,725/mo, rent takes ~45% of Raeford's median household income ($46,494/yr). The standard benchmark is 30%.

Raeford 45%Benchmark 30%
State income tax4.5%
Run the Raeford affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Raeford, NC

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