City Report · NC

Thomasville

Pop. 27,321·118th most expensive in North Carolina·One of the most affordable rental markets in the US
Median rent (all units)
$1,314/mo
Year-over-Year
+3.9%
Month-over-Month
-0.2%
vs US Median
-$618
Reported rents
Stable (Monthly)
Be the first to discuss Thomasville rents ↓
Most AffordableMost Expensive
Thomasville · $1,314
More affordable than 87% of US cities · National median $1,932/mo
Rent Reality Score
54/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Thomasville's 10-year trend predicts.

Actual rent
$1,314/mo
Expected by trend
$1,338/mo
The Rent Reality Score compares today's median rent to where Thomasville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$940
2 BR
$1,060
3 BR
$1,350
4 BR+
$1,520
Fair Market Rent (HUD)
$1,060/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,314 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

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Thomasville is 0.2% below its high of $1,317 in August 2026, at $1,314 as of September 2026.

Past year vs. the rest of North Carolina

Rent in Thomasville changed +3.9% over the year to September 2026. Across the 94 North Carolina cities Zillow tracks, the typical change was +2.9%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($60,935) is $1,523 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,520).

Cheaper nearby

Asheboro, 20 miles away, rents for 21% less ($1,038/mo), about $3,300 a year in savings.

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

Annual cost
$15,768/yr
At $1,314/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.9% YoY, -0.2% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

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

No discussions yet. Start the conversation.

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

Can you afford rent in Thomasville on your salary?

At $1,314/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: October 17, 2026

The median rent in Thomasville is $1,314/mo as of October 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 26% of local median household income ($60,935/yr), Thomasville ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.

FAQ

Frequently asked questions

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 $53,000/year (about $25/hour full-time) to afford the median rent of $1,314/mo in Thomasville. The local median household income is $60,935/yr, so the typical household meets that bar.

Is rent going up or down in Thomasville?

Rent in Thomasville has risen 3.9% over the past year as of September 2026. It sits 0.2% below its high of $1,317 in August 2026.

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

Thomasville is one of the more affordable among North Carolina cities for rent, ranking #118 of 129 tracked cities at $1,314/mo. Over the year to September 2026, rent in Thomasville changed +3.9%, against a typical +2.9% across the 94 North Carolina cities Zillow tracks.
Income Affordability
26%
AFFORDABLE

At $1,314/mo, rent takes ~26% of Thomasville's median household income ($60,935/yr). The standard benchmark is 30%.

Thomasville 26%Benchmark 30%
State income tax4.5%
Run the Thomasville affordability calculator →
Lowest-rent ZIP codes in Thomasville
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Thomasville, NC

Recent submissions

Be the first to submit your rent for Thomasville.

Recent discussions

No discussions yet.