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City Report · NC

Thomasville

Pop. 27,321·121st most expensive in North Carolina·One of the most affordable rental markets in the US
Median rent (all units)
$1,180/mo
Year-over-Year
-1.7%
Month-over-Month
-2.6%
vs US Median
-$785
Falling (Monthly)
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Most AffordableMost Expensive
Thomasville · $1,180
More affordable than 93% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,180/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$47,000/yr
Local median income
$60,935/yr
Based on the 30%-of-income rule using Thomasville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$940
2 BR
$1,060
3 BR
$1,350
4 BR+
$1,520
Research median
$1,060/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
$14,160/yr
At $1,180/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.7% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.7% YoY, -2.6% MoM), not inventory.
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Demographics

Who lives here

Thomasville, NC is majority owner-occupied, has a median income below the national average, 15.3% of residents hold a bachelor's degree or higher.

Population
27,321
Median income
$60,935
Median age
38.3
Renters
37.6%
Age distribution
22.5%
23%
22.7%
14.6%
17.1%
Under 1822.5%
18–3423%
35–5422.7%
55–6414.6%
65+17.1%
Gender
47.8%
52.2%
Male47.8%
Female52.2%
Race & ethnicity
58.8%
19.7%
16.4%
White58.8%
Black19.7%
Hispanic16.4%
Asian0.8%
Other4.3%
Education (25+)
18.3%
31%
35.4%
15.3%
No HS diploma18.3%
HS diploma31%
Some college35.4%
Bachelor's+15.3%
Housing tenure
62.4%
37.6%
Owner62.4%
Renter37.6%

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

2021 vs 2026

How Thomasville, NC has changed in 5 years

Income
$45,610 → $60,935
up 33.6%
Population
26,941 → 27,321
up 1.4%
Renter share
40.7% → 37.6%
-3.1 pts
Bachelor's+
13.4% → 15.3%
+1.9 pts
Median age
36.7 → 38.3
+1.6 yrs

On the earnings side, the typical household in Thomasville, NC now reports about $60,935, up from $45,610 in 2021. Census counts show Thomasville, NC adding about 380 residents over the five-year window, up 1.4% on net. The renter share has eased from 40.7% to 37.6%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Thomasville

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

Can you afford rent in Thomasville on your salary?

At $1,180/mo, how Thomasville rent compares to typical pay (30% rule).

By apartment size

Thomasville rent by bedroom count

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

Local insights

Tips for renters in Thomasville

About renting in Thomasville, NC

Last updated: July 20, 2026

The median rent in Thomasville is $1,180/mo as of July 2026. A studio apartment averages $910/mo while a 2-bedroom runs $1,060/mo. One-bedroom apartments average $940/mo and 3-bedroom units go for $1,350/mo.

At 23% of local median household income ($60,935/yr), Thomasville ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.7% over the past year.

FAQ

Frequently asked questions

Is Thomasville an affordable city for renters?

Thomasville is considered very affordable for renters. At $1,180/mo, rent takes approximately 23% of the local median household income ($60,935/yr). The standard benchmark is 30%. Thomasville falls comfortably within that range.

How much income do you need to rent in Thomasville?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (~$23/hour full-time) to afford the median rent of $1,180/mo in Thomasville. The local median household income is $60,935/yr, meaning the typical Thomasville household meets that threshold.

Is rent going up or down in Thomasville?

Rent in Thomasville has decreased 1.7% over the past year as of July 2026, offering some relief compared to 12 months ago.

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

Thomasville is one of the more affordable cities in North Carolina for rent, ranking #121 out of 126 tracked cities at $1,180/mo.

What percentage of Thomasville residents rent vs. own?

According to Census data, approximately 37.6% of Thomasville households are renters, while 62.4% are owner-occupied. Thomasville leans toward homeownership, which can mean a smaller rental inventory.

How does Thomasville rent compare to the national average?

Thomasville's median rent of $1,180/mo is $785 (40%) below the US national median of $1,965/mo. Within North Carolina, it ranks #121 out of 126 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,180/mo, rent takes ~23% of Thomasville's median household income ($60,935/yr). The standard benchmark is 30%.

Thomasville 23%Benchmark 30%
State income tax4.5%
Run the Thomasville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Thomasville, NC

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