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Patterson Springs, NC

Full City Profile · North Carolina · Cleveland County County

2.8 /5.0
C+ Fair
980 Population 951/sq mi density
$55,625 Median Income $19,707 per capita
$116,000 Home Value $192,279 Zillow
$982 Median Rent 47.7% income on rent
59°F Avg Temperature 301 sunny days/yr
718 Violent Crime/100K 3,522 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$55,625 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$116,000 home value, $982/mo rent
F
Safety
1.0 / 5.0
718 violent crimes/100K (89% above avg)
D
Education
1.9 / 5.0
11.4% bachelor's degree or higher

Housing Overview

Median Home Value
$116,000
59% below
US avg: $281,900
Median Rent
$982/mo
16% below
US avg: $1,163/mo
Homeownership Rate
66.6%
2% above US avg (65.4%)
Total Housing Units
328
Median year built: 1969

Home Value by Source

Census Median
$116,000
Zillow (ZHVI)
$192,279
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.6%
Owner-Occupied
33.4%
Renter-Occupied
67%
33%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $982/mo

Affordability & Housing Stock

Rent Burden
47.7%
of renters spending 30%+ of income on housing
54% above US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
66.6%

Complete Housing Data

Home Values

Census Median Value$116,000
Zillow Home Value (ZHVI)$192,279

Rent

Census Median Rent$982
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Ownership & Stock

Owner-Occupied66.6%
Renter-Occupied33.4%
Homeownership Rate66.6%
Total Housing Units328
Median Year Built1969
Rent Burden47.7%