Median Home Value
$161,800
Median Gross Rent
$825/mo
Homeownership Rate
61.5%
Rent as Share of Income
18.2%
Vacancy Rate
9.7%
Median Year Built
1992
Home Price Index (FHFA)
Home prices in Rowan County have risen 222% since 1992, 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
$628
1 Bedroom
$735
2 Bedroom
$911
3 Bedroom
$1,156
4 Bedroom
$1,528
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.