$1,700 Per Month
- 2 Beds
- 2 Baths
- 1,276 Sq Ft
- Condo for Rent
1620 Goley Hewett Rd SE Unit GH1620-105, Bolivia, NC 28422
Frequently Asked Questions
How much does it cost to rent a condo in Bolivia, NC?
The median rent for a condo in Bolivia, NC is $1,700 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Bolivia, NC?
To comfortably afford the median rent in Bolivia, NC, a household needs to earn roughly $74,120 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,853 per month in Bolivia, NC, renters typically need to show $5,559 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Bolivia, NC?
In Bolivia, NC, the price-to-rent ratio is 15.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Bolivia, NC are best for renting a condo?
The best neighborhood for renting in Bolivia, NC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Barclay West-Hanover Heights, Dry Pond-South Side, Old Wilmington, Northside and Empie Park, each with its own character and price range.
