North Carolina’s Housing Shortage
Published for Facts That Matter on April 09, 2024.
Affordable rental housing is by far North Carolina’s largest housing need, one that is especially severe for low-income households. The most expensive areas are Asheville, Raleigh, Charlotte-Concord-Gastonia, Currituck County, and Durham-Chapel Hill. In many rural and urban counties, more than 50% of renters are cost-burdened (i.e., they spend more than 30% of their income on housing costs).
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