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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