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City Report · NC

Ranlo

Pop. 4,617·26th most expensive in North Carolina·Rental market data updated monthly for Ranlo, NC
Median rent (all units)
$1,922/mo
Year-over-Year
Stable
Month-over-Month
-0.4%
vs US Median
-$40
Stable (Monthly)
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Most AffordableMost Expensive
Ranlo · $1,922
More expensive than 54% of US cities · National median $1,962/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $1,922/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$77,000/yr
Local median income
$78,033/yr
Based on the 30%-of-income rule using Ranlo's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$483
2 BR
$844
3 BR
$2,037
4 BR+
$2,227
Fair Market Rent (HUD)
$844/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,922 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
$23,064/yr
At $1,922/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.4% MoM), not inventory.
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Demographics

Who lives here

Ranlo, NC is majority owner-occupied, has a large share of families with children, 20.1% of residents hold a bachelor's degree or higher.

Population
4,617
Median income
$78,033
Median age
35
Renters
38.4%
Age distribution
26.3%
23.7%
26.5%
16.5%
Under 1826.3%
18–3423.7%
35–5426.5%
55–647%
65+16.5%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
53.7%
33%
15%
White53.7%
Black33%
Hispanic15%
Asian1%
Education (25+)
30.8%
39.5%
20.1%
No HS diploma9.6%
HS diploma30.8%
Some college39.5%
Bachelor's+20.1%
Housing tenure
61.6%
38.4%
Owner61.6%
Renter38.4%

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

2021 vs 2026

How Ranlo, NC has changed in 5 years

Income
$71,761 → $78,033
up 8.7%
Population
4,395 → 4,617
up 5.1%
Renter share
30.4% → 38.4%
+8.0 pts
Bachelor's+
17.2% → 20.1%
+2.9 pts
Median age
33.8 → 35
+1.2 yrs

Median household income grew from $71,761 to $78,033 between 2021 and 2024, a 8.7% shift. Headcount in the area went from 4,395 to 4,617 between 2021 and 2024, a 5.1% change. About 38.4% of households rent today, against 30.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 17.2% to 20.1%.

Community

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

Can you afford rent in Ranlo on your salary?

At $1,922/mo, how Ranlo rent compares to typical pay (30% rule).

By apartment size

Ranlo rent by bedroom count

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

Local insights

Tips for renters in Ranlo

About renting in Ranlo, NC

Last updated: August 17, 2026

The median rent in Ranlo is $1,922/mo as of August 2026. a 2-bedroom runs $844/mo. One-bedroom apartments average $483/mo and 3-bedroom units go for $2,037/mo.

At 30% of local median household income ($78,033/yr), Ranlo ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Ranlo an affordable city for renters?

Ranlo is considered moderate for renters. At $1,922/mo, rent takes approximately 30% of the local median household income ($78,033/yr). The standard benchmark is 30%. Ranlo slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Ranlo?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,922/mo in Ranlo. The local median household income is $78,033/yr, meaning the typical Ranlo household meets that threshold.

Is rent going up or down in Ranlo?

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

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

Ranlo is one of the pricier cities in North Carolina for rent, ranking #26 out of 128 tracked cities at $1,922/mo.

Which nearby cities are cheaper to rent in than Ranlo?

Several nearby cities have lower median rents than Ranlo ($1,922/mo): Gastonia ($1,501/mo), Dallas ($1,643/mo), Stanley ($1,721/mo).

What percentage of Ranlo residents rent vs. own?

According to Census data, approximately 38.4% of Ranlo households are renters, while 61.6% are owner-occupied. Ranlo leans toward homeownership, which can mean a smaller rental inventory.

How does Ranlo rent compare to the national average?

Ranlo's median rent of $1,922/mo is $40 (2%) below the US national median of $1,962/mo. Within North Carolina, it ranks #26 out of 128 tracked cities.
Income Affordability
30%
MODERATE

At $1,922/mo, rent takes ~30% of Ranlo's median household income ($78,033/yr). The standard benchmark is 30%.

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

Estimated from ZIP-level data

Schools nearby

Public schools near Ranlo, NC

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