Median Home Value
$192,600
Median Gross Rent
$823/mo
Homeownership Rate
68.3%
Rent as Share of Income
17.3%
Vacancy Rate
29.7%
Median Year Built
1983
Home Price Index (FHFA)
Home prices in Mecklenburg County have risen 304% since 1986, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$719
1 Bedroom
$724
2 Bedroom
$950
3 Bedroom
$1,224
4 Bedroom
$1,258
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.