As the real estate market in North Carolina continues to evolve, affordability remains a top priority for homebuyers and renters in 2025. At Brazoban Realty Group, we understand the importance of finding a home that fits both your lifestyle and budget. North Carolina, with its vibrant culture, diverse landscapes, and growing economy, offers a range of cities where affordability meets opportunity. In this in-depth blog post, we explore the most affordable cities in North Carolina to live in for 2025, backed by the latest data, to help you make an informed decision about your next move.
Why North Carolina? The Affordability Advantage
North Carolina’s cost of living is approximately 6% lower than the national average, making it an attractive destination for families, young professionals, retirees, and investors. The state’s median home price in 2025 is around $367,500, according to Redfin, but many cities offer homes well below this benchmark. From the rolling hills of the Piedmont to the coastal plains, North Carolina’s affordable cities provide access to quality schools, employment opportunities, and recreational amenities without breaking the bank.
Our research focuses on cities with median home prices below the state average, low rental costs, and a cost of living significantly below the national average. Whether you’re a first-time homebuyer or seeking a budget-friendly retirement haven, these cities offer exceptional value in 2025.
Top Affordable Cities in North Carolina for 2025
Based on comprehensive data from sources like Redfin, Houzeo, and Apartment List, we’ve identified the most affordable cities in North Carolina for 2025. Each city is evaluated for median home prices, cost of living, median household income, and demographic suitability, ensuring options for diverse needs.
1. Rocky Mount: A Hidden Gem for Families and Retirees
- Median Home Price: $175,000–$185,189
- Cost of Living: 19.3% below national average
- Median Household Income: $46,396–$52,927
- Population: 54,245
- Distance to Major Metro: 60 miles from Raleigh
Rocky Mount, located in the coastal plain, is a standout for its affordability and small-town charm. With median home prices as low as $175,000, it’s ideal for families and retirees seeking spacious homes at a fraction of urban costs. The city’s cost of living is 19.3% below the national average, and rentals average $850–$1,200 for 1–2 bedrooms. Key employers in government and manufacturing, along with attractions like the Imperial Centre for the Arts, make Rocky Mount a balanced choice.
Why Choose Rocky Mount? Its proximity to Raleigh offers commuting options, while local amenities like parks and community events foster a tight-knit community vibe.
2. Fayetteville: Vibrant and Military-Friendly
- Median Home Price: $214,832–$223,750
- Cost of Living: 18.6% below national average
- Median Household Income: $48,923–$56,395
- Population: 209,749
- Distance to Major Metro: 60 miles from Raleigh
Fayetteville, home to Fort Bragg, is a bustling city with a strong military presence, making it ideal for young adults and families. Median home prices hover around $214,832, with rentals ranging from $1,050–$1,400. The cost of living is 18.6% below the national average, and the city’s diverse economy includes healthcare and education sectors. Attractions like the Airborne & Special Operations Museum add cultural depth.
Why Choose Fayetteville? Its affordability, combined with urban amenities and proximity to Raleigh, appeals to those seeking opportunity and connectivity.
3. Greenville: A Growing Hub for Young Professionals
- Median Home Price: $234,699–$255,500
- Cost of Living: 14.7% below national average
- Median Household Income: $48,923–$50,564
- Population: 90,053
- Distance to Major Metro: 80 miles from Raleigh
Greenville, home to East Carolina University, is a vibrant city with a median home price of $234,699. Its cost of living is 14.7% below the national average, and rentals average $964–$1,241 for 1–2 bedrooms. With a growing healthcare and education sector, Greenville attracts young professionals and families. The city’s River Park North and vibrant downtown offer recreational and cultural appeal.
Why Choose Greenville? Its blend of affordability, job growth, and youthful energy makes it a top pick for those starting their careers.
4. Burlington: Commuter-Friendly and Family-Oriented
- Median Home Price: $242,585–$250,000
- Cost of Living: 16.3% below national average
- Median Household Income: $48,923–$54,941
- Population: 60,032
- Distance to Major Metro: 25 miles from Greensboro
Burlington, nestled between Greensboro and Durham, offers median home prices around $242,585, with rentals at $944–$1,046. The cost of living is 16.3% below the national average, making it a haven for families and commuters. The city boasts quality schools and attractions like the Burlington City Park Amusement Area.
Why Choose Burlington? Its proximity to major metros and family-friendly environment make it perfect for those balancing work and home life.
5. Asheboro: Family-Friendly with Cultural Appeal
- Median Home Price: $233,557
- Cost of Living: 19.5% below national average
- Median Household Income: $48,628
- Population: 27,726
- Distance to Major Metro: 70 miles from Charlotte
Asheboro, home to the North Carolina Zoo, offers median home prices of $233,557 and a cost of living 19.5% below the national average. Rentals start at $800, appealing to families and retirees. The city’s small-town feel, combined with cultural attractions, creates a welcoming atmosphere.
Why Choose Asheboro? Its affordability and family-oriented amenities make it a top choice for those seeking a quieter lifestyle.
6. Kinston: Budget-Friendly for Retirees
- Median Home Price: $137,935
- Cost of Living: 24.6% below national average
- Median Household Income: $35,250
- Population: 19,411
- Distance to Major Metro: 80 miles from Raleigh
Kinston boasts the lowest median home price at $137,935, with a cost of living 24.6% below the national average. Rentals start at $650, making it a retiree’s paradise. The city’s historic charm and Neuseway Nature Park add to its appeal.
Why Choose Kinston? Its rock-bottom housing costs and serene environment are ideal for fixed-income residents.
7. Lumberton: Maximum Affordability
- Median Home Price: $150,110
- Cost of Living: 28% below national average
- Median Household Income: $43,114
- Population: 19,121
- Distance to Major Metro: 95 miles from Raleigh
Lumberton offers the lowest cost of living at 28% below the national average, with median home prices at $150,110. Rentals start at $700, catering to families and retirees. The Lumber River provides outdoor recreation opportunities.
Why Choose Lumberton? Its unmatched affordability makes it a top pick for budget-conscious buyers.
Comparative Analysis: What Sets These Cities Apart?
The table below summarizes key metrics for quick comparison:
| City | Median Home Price | Cost of Living | Median Income | Population | Best For |
|---|---|---|---|---|---|
| Rocky Mount | $175,000–$185,189 | 19.3% below avg | $46,396–$52,927 | 54,245 | Families, Retirees |
| Fayetteville | $214,832–$223,750 | 18.6% below avg | $48,923–$56,395 | 209,749 | Young Adults, Families |
| Greenville | $234,699–$255,500 | 14.7% below avg | $48,923–$50,564 | 90,053 | Young Professionals |
| Burlington | $242,585–$250,000 | 16.3% below avg | $48,923–$54,941 | 60,032 | Families, Commuters |
| Asheboro | $233,557 | 19.5% below avg | $48,628 | 27,726 | Families, Retirees |
| Kinston | $137,935 | 24.6% below avg | $35,250 | 19,411 | Retirees |
| Lumberton | $150,110 | 28% below avg | $43,114 | 19,121 | Families, Retirees |
Key Trends:
- Smaller Cities Lead in Affordability: Kinston and Lumberton offer the lowest home prices and cost of living, ideal for retirees.
- Proximity to Metros: Burlington and Fayetteville provide affordable access to Greensboro and Raleigh, respectively.
- Diverse Demographics: Greenville caters to young professionals, while Asheboro and Rocky Mount suit families and retirees.
Beyond Affordability: Factors to Consider
While affordability is critical, other factors influence your decision:
- Job Opportunities: Fayetteville and Greenville have robust healthcare and education sectors, while Rocky Mount offers manufacturing jobs.
- Schools: Burlington and Asheboro boast highly rated schools, ideal for families.
- Lifestyle: Kinston and Lumberton offer a slower pace, while Greenville’s vibrant downtown appeals to younger residents.
- Market Trends: North Carolina’s real estate market is competitive, with 5–10% year-over-year price growth in some areas. Acting quickly with a trusted realtor like Brazoban Realty Group ensures you secure the best deals.
For up-to-date listings, visit Brazoban.com.
Why Work with Brazoban Realty Group?
At Brazoban Realty Group, we specialize in helping clients find their dream homes in North Carolina’s most affordable cities. Our team provides personalized guidance, from market analysis to closing, ensuring you maximize your investment. Whether you’re eyeing a cozy home in Kinston or a family-friendly property in Burlington, we’re here to make your homebuying journey seamless.
Citations and Sources
- Redfin. (2025). 10 Most Affordable Places to Live in North Carolina in 2025. https://www.redfin.com/blog/affordable-places-to-live-in-north-carolina/
- Houzeo. (2025). 10 Cheapest Places to Live in North Carolina 2025 Updates. https://www.houzeo.com/blog/cheapest-places-to-live-in-north-carolina/
- Apartment List. (2025). 10 Cheapest Places to Live in North Carolina 2025. https://www.apartmentlist.com/renter-life/cheapest-places-to-live-in-north-carolina/
- U.S. Census Bureau. (2025). Population and Income Estimates. https://www.census.gov
- RentCafe. (2025). Rental Market Data. https://www.rentcafe.com
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