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North Carolina City is the #1 City for Renters in the U.S.

Calling all renters in the U.S. Nowadays, many of us are renters in this economy. Well, if there’s one thing us renters know it’s that it is very expensive to…

home sweet home sign for renters in the U.S.
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Calling all renters in the U.S. Nowadays, many of us are renters in this economy. Well, if there's one thing us renters know it's that it is very expensive to find a place. Whether you are wanting to rent an apartment or rent a home, it can be costly and hard to find the best deal. Many renters complain about the costs of these places and the things you are actually getting. Now, as a renter, I know that it really is a great idea to rent when you are not sure if a place is where you want to settle. I also know that renting can be a great thing for those wanting an easy-going life with maintenance and amenities, but at what cost?

A recent study done by Zillow shows that the average rent price has increased by 35.7% from December 2018 to December 2023. Now THAT is insane. And as someone who has rented since 2018, trust me when I say I WISH the cost of renting was what it used to be. The idea of getting affordable rent cost can be very overwhelming. Fortunately, studies show that there are a few U.S. cities where rent isn't that bad. The #1 BEST city for renters in the U.S. is actually right here in North Carolina.

#1 City for Renters in the U.S.

So where should you go for the best renter experience? Cary, North Carolina has been named the #1 best city for renters in the U.S. Thanks to its high safety score, affordability, and high-paying job market the city has really been booming. The typical rent in Cary is an average of $1,719 with the average renter making $73,872. Cary is located right outside of Raleigh near the Triangle area. The city has been named one of the best suburbs in North Carolina, a diverse city, and one of the best cities for young adults. It seems Cary has found its place to be one of the best cities in North Carolina.

Are you wondering what other cities made the list of the best cities for renters in the U.S.? Check out the full report here and see what other cities around the country might have better rent prices than us.

Do you know the riskiest North Carolina cities for homeowners? Purchasing a home is a big investment. And not just financially through the purchase price- though that cannot be understated. You also are investing time, you're committing your family to the area, and you're setting yourself up for every surprise that home may bring you. It's inevitable that there will be some big unforeseen expenses with any home you purchase. It's if not when. But that doesn't mean you can't or shouldn't do anything and everything to mitigate that risk. That's why the experts at ClaimGuide.org created a list of the riskiest cities in the nation to be a homeowner.

Let's face it. The last thing you want after you've made a significant financial commitment to purchase a home is to find out it's in danger of flooding. Or perhaps that it's not up to fire code, or the area is full of crime. Nationally the top 5 riskiest cities for homeownership were:

    The list and research that ClaimGuide.org shared with us are based on insurance and climate-related factors. The study compared insurance-based risk factors of the 170 most populated cities in the country. Seven North Carolina cities are among the most populous and you will find their rankings in the state, as well as nationally, below. Insurance-based risk factors included not only climate-related ones, but also property crime, the median age of homes in the city, vacant rates, and availability of emergency services.
    Thanks to Claimguide.org for sharing their research with us. You can view the full study here. Or keep reading to see how the 7 most populous locations rank when it comes to the riskiest North Carolina cities for homeownership. Do any of them surprise you? Let us know on social media!

    The 7 Riskiest North Carolina Cities For Home Owners

    7. Cary, NC

    downtown cary

    Nationally Cary, NC the southwest Wake County suburb of Raleigh, ranked 160th out of 170th when it comes to risk. So if you're looking to purchase a home, this is just another benefit to attribute to the city. It also has low crime, fantastic schools, lots of businesses, and is just a great place to live (or stay when visiting the Triangle).

    Homes with Flood Risk: 12%

    Homes with Wildfire Risk: 60%

    Homes with Heat Risk: 89%

    Natural Disasters: 23

    Avg. Age of Homes: 22

    Percent of Vacant Homes: 8.3%

    Fire Stations Per 100K: 5.0

    Property Crime Per 100K: 1,102

    6. Raleigh, NC

    Raleigh, North Carolina, USA downtown skyline

    Staying in the same area next on the list is our state's capital. Raleigh North Carolina ranked 143rd nationally on the list. Making it one of the least risky cities nationwide to purchase a home. It is a great place to live with all the amenities of city life including professional sports- The Carolina Hurricanes, multiple universities, a thriving downtown, and more.

    Homes with Flood Risk: 13%

    Homes with Wildfire Risk: 59%

    Homes with Heat Risk: 82%

    Natural Disasters: 23

    Avg. Age of Homes: 24

    Percent of Vacant Homes: 13.3%

    Fire Stations Per 100K: 5.9

    Property Crime Per 100K: 2,304

    5. Greensboro, NC

    Greensboro, North Carolina, USA downtown skyline.

    The third least risky spot to buy a home in North Carolina? Greensboro. It's a city that probably (ok certainly) doesn't get enough recognition. The city is thriving and growing, with tons to offer. The Greensboro Coliseum hosts national acts, and often the ACC Men's Basketball Tournament. I've also heard great things at the developing food and drink scene. It ranked 120th nationally.

    Homes with Flood Risk: 10%

    Homes with Wildfire Risk: 35%

    Homes with Heat Risk: 100%

    Natural Disasters: 25

    Avg. Age of Homes: 37

    Percent of Vacant Homes: 7.8%

    Fire Stations Per 100K: 8.6

    Property Crime Per 100K: 3,755

    4. Durham, NC

    Durham, North Carolina, USA downtown skyline.

    The triangle certainly takes the title of the least risky area of the state to purchase a home in. Durham ranked 113th nationally. Downtown Durham is full of breweries, restaurants, the DPAC for performing arts and concerts, and a minor league baseball stadium home to the Durham Bulls. It also tends to be a little more affordable than other cities/suburbs in the Triangle.

    Homes with Flood Risk: 9%

    Homes with Wildfire Risk: 73%

    Homes with Heat Risk: 97%

    Natural Disasters: 21

    Avg. Age of Homes: 26

    Percent of Vacant Homes: 7.4%

    Fire Stations Per 100K: 6.5

    Property Crime Per 100K: 3,254

    3. Charlotte, NC

    Things to do Charlotte

    Purchasing a home in Charlotte isn't without risk. The Queen City ranks with the third highest risk in the state. Though it still ranks in the bottom half nationally at 101st. So make of that what you will. All I can say from experience is that it seems like you'll get a good return on your investment as I watched home prices nearly double in the past 4 years. Which is great for homeowners, but terrible for those looking to purchase.

    Homes with Flood Risk: 10%

    Homes with Wildfire Risk: 58%

    Homes with Heat Risk: 96%

    Natural Disasters: 14

    Avg. Age of Homes: 27

    Percent of Vacant Homes: 6.9%

    Fire Stations Per 100K: 4.8

    Property Crime Per 100K: 3,592

    2. Fayetteville, NC

    Fayetteville North Carolina Downtown City Center Hay StreetFrazer Harrison/Getty Images

    Fayetteville tends to get the short end of the stick when it comes to a lot of this list. I've only visited once, and while yes, there isn't as much to offer as some of the larger cities it's not a bad place from what I can tell. Fayetteville ranked 60th nationally and as the 2nd riskiest city in North Carolina. Being closer to the coast than any other city on this list probably factors in for metrics like natural disasters and flood risks.

    Homes with Flood Risk: 16%

    Homes with Wildfire Risk: 91%

    Homes with Heat Risk: 100%

    Natural Disasters: 20

    Avg. Age of Homes: 39

    Percent of Vacant Homes: 8.0%

    Fire Stations Per 100K: 8.1

    Property Crime Per 100K: 3,458

    1. Winston-Salem, NC

    Winston-Salem, North Carolina, USA Downtown Skyline.

    And the riskiest city for homeownership in North Carolina? It's Winston-Salem. Though for the city's credit it still only ranks 56th nationally. So overall the state stands pretty well.

    Homes with Flood Risk: 9%

    Homes with Wildfire Risk: 57%

    Homes with Heat Risk: 100%

    Natural Disasters: 21

    Avg. Age of Homes: 40

    Percent of Vacant Homes: 12.2%

    Fire Stations Per 100K: 7.6

    Property Crime Per 100K: 3,893

    Randi Moultrie is a Charleston, South Carolina native and has been in the radio industry for the last few years in Charlotte. Randi started with Beasley Media Group as an intern in 2019 and is now thriving in the digital world. Randi enjoys writing about her favorite foods (especially pizza) and all things fashion and travel. As one who loves taking trips to find new foods, it’s not surprising that she enjoys writing about both!