What is the median rent in Patterson Springs, NC?
The median gross rent in Patterson Springs, NC is $1,000 (±$212) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 132 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Patterson Springs, the median gross rent went from $588 in 2015–2019 to $1,000 in 2020–2024 (+70.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,000 (±$212)
- Rented homes
- 132 (±70)
- $2,000 or more
- 2.3%
- Since 2015–2019
- +70.1%
How much rent costs in Patterson Springs
| Monthly gross rent | Patterson Springs | Cleveland County | North Carolina | United States |
|---|---|---|---|---|
| Less than $500 | 1.5% (±2.5 points) | 11.9% | 6.6% | 6.3% |
| $500 to $999 | 48.5% (±29.6 points) | 46.5% | 27.5% | 20.2% |
| $1,000 to $1,499 | 47.7% (±30.5 points) | 31.5% | 32.6% | 28.1% |
| $1,500 to $1,999 | 0.0% (±27.0 points) | 8.5% | 21.4% | 21.1% |
| $2,000 to $2,499 | 2.3% (±5.0 points) | 1.0% | 7.8% | 12.0% |
| $2,500 to $2,999 | 0.0% (±27.0 points) | 0.4% | 2.2% | 5.5% |
| $3,000 or more | 0.0% (±27.0 points) | 0.3% | 1.8% | 6.8% |
The most common range is $500 to $999, paid by 48.5% of renting households.
2.3% of rented homes in Patterson Springs cost $2,000 or more a month.
Patterson Springs against Cleveland County, its state and the nation
| Patterson Springs | Cleveland County | North Carolina | United States | |
|---|---|---|---|---|
| Median gross rent | $1,000 (±$212) | $914 (±$50) | $1,228 (±$5) | $1,413 |
| Rented homes paying rent | 132 (±70) | 10,258 (±747) | 1,337,899 (±8,405) | 42,849,984 |
In Patterson Springs, median gross rent is not measurably different from Cleveland County ($914).
It is also lower than in North Carolina ($1,228).
It is lower than the national figure ($1,413).
In Cleveland County, Patterson Springs ranks 3 of 14 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 260 of 586.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Patterson Springs has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $588 (±$259) | $1,000 (±$212) | +70.1% | No measurable change after inflation |
| Households that rent | 45.6% (±11.5 points) | 41.5% (±14.4 points) | −4.1 percentage points | Not a measurable change |
| Rental vacancy rate | 3.3% (±5.8 points) | 18.1% (±15.8 points) | +14.8 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Patterson Springs
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Patterson Springs | — | $1,000 (±$212) | — |
| Earl | 2.8 mi | $944 (±$29) | Not measurably different |
| Shelby | 4.3 mi | $945 (±$73) | Not measurably different |
| Grover | 5.3 mi | $1,000 (±$259) | Not measurably different |
| Blacksburg | 7.6 mi | $834 (±$122) | Not measurably different |
| Boiling Springs | 8.4 mi | $1,192 (±$646) | Not measurably different |
| Kings Mountain | 9.4 mi | $959 (±$83) | Not measurably different |
| Lattimore | 9.9 mi | $850 (±$639) | Not measurably different |
| Kingstown | 11 mi | $848 (±$56) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Cleveland County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Boiling Springs | $1,192 (±$646) |
| 2 (tie) | Grover | $1,000 (±$259) |
| 2 (tie) | Patterson Springs | $1,000 (±$212) |
| 4 | Kings Mountain | $959 (±$83) |
| 5 | Shelby | $945 (±$73) |
| 6 | Earl | $944 (±$29) |
| 7 | Lawndale | $880 (±$75) |
| 8 | Belwood | $860 (±$276) |
| 9 | Lattimore | $850 (±$639) |
Showing 9 of 14 places in Cleveland County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Patterson Springs
What is the average rent in Patterson Springs, NC?
The Census Bureau publishes the median rather than the average: the median gross rent in Patterson Springs is $1,000 (±$212) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Patterson Springs?
In Patterson Springs, the median gross rent went from $588 in 2015–2019 to $1,000 in 2020–2024 (+70.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Patterson Springs cost more than $2,000 a month?
2.3% of rented homes in Patterson Springs have a gross rent of $2,000 or more a month, and 1.5% cost less than $500.
Is rent in Patterson Springs higher than in Cleveland County?
In Patterson Springs, median gross rent is not measurably different from Cleveland County ($914).
It is also lower than in North Carolina ($1,228).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Patterson Springs town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Patterson Springs town, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Patterson Springs town, North Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Patterson Springs town, North Carolina (place:50700, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Patterson Springs at a glance
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- Renters and owners in Patterson Springs
- Home values in Patterson Springs
- Homeowner costs in Patterson Springs
- Property taxes in Patterson Springs
- Types of homes in Patterson Springs
- Bedrooms in Patterson Springs
- Age of homes in Patterson Springs
- Heating fuel in Patterson Springs
- Commute and cars in Patterson Springs
- North Carolina landlord and tenant rules
- Housing across Cleveland County
- North Carolina places ranked by median rent
- Housing data for every place in North Carolina