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Studio Apartments for Rent in Hickory, NC

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  • /40

    Starting at $1,025 Per Month

    • Studio - 2 Beds

    1655 20th Ave Dr, Hickory, NC 28601

    The Village at Catawba Ridge is where 1-bedroom apartments and 2-bedroom townhomes are for rent in Hickory, NC. The finest living at the fairest price are at the Village at Catawba Ridge so call us today and check out the apartments.Several units are for rent at the Village at Catawba Ridge Apartments. The high-quality rental unit features of the Village at Catawba Ridge Apartments

    The Village at Catawba Ridge

    (828) 564-8716

    1655 20th Ave Dr, Hickory, NC 28601
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    $995 Per Month

    • Studio
    • 1 Bath
    • 769 Sq Ft
    • Condo for Rent

    2325 15th St NE, Hickory, NC 28601

    Welcome to the 15th Street Duplex, where comfort meets convenience in the heart of Hickory, NC! This beautiful rental unit, located at 2325 15th Street NE, offers a spacious 769 sq ft layout, perfect for those seeking an affordable living solution without compromising on style. (Photos are representative of similar unit)Step inside to discover a bright and airy living room, adorned with

    2325 15th St NE, Hickory, NC 28601

Why Live in Hickory

Nestled in the Blue Ridge Mountain foothills, Hickory blends outdoor recreation with cultural attractions. The Hickory Museum of Art, the second oldest art museum in North Carolina, showcases American art collections in the SALT Block cultural complex. Residents enjoy hiking to panoramic valley views at Bakers Mountain Park or spending afternoons kayaking on Lake Hickory. The Catawba Science Center engages families with hands-on exhibits, an aquarium, and planetarium shows. Sports fans catch Hickory Crawdads baseball games at LP Frans Stadium or experience NASCAR racing at Hickory Motor Speedway. The dining scene features local favorites like Tony's Pizza for New York-style pies and Harbor Inn Seafood for fresh catches.

The housing market includes a range of options across distinct neighborhoods. The median price for single-family homes is $329,000, while townhomes have a median price of $244,200. One-bedroom condos start at a median of $149,000, with two-bedroom units at $182,000. The Lake Hickory area commands the highest median single-family home prices at $525,000, followed by Claremont at $485,000. More moderate options exist in Forest Hills with a median of $292,500 and Highland at $205,000.

Hickory's cost of living sits 6% below the national average. Property taxes are competitive at 0.6%, lower than nearby Morganton at 0.7%. A family with school-age children needs approximately $100,000 annually to live comfortably, while renters should aim for $55,000. Monthly grocery costs average $1,600 for families and $700 for renters. The education system includes highly rated schools like Challenger Early College High School and University Christian High School. Lenoir-Rhyne University provides higher education opportunities within the city.

Frequently Asked Questions

How much does it cost to rent a home in Hickory, NC?
The median rent for a home in Hickory, NC is $1,550 per month, though prices vary by neighborhood, size, and property type. As of May 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 Hickory, NC?
To comfortably afford the median rent in Hickory, NC, a household needs to earn roughly $62,000 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 $1,550 per month in Hickory, NC, renters typically need to show $4,650 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 Hickory, NC?
In Hickory, NC, the price-to-rent ratio is 16.9, 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.

Rental Home Trends in Hickory, NC

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,550
Median Single Family Home Rent
$1,600
Median Townhouse Rent
$1,575
Median Condo Rent
$1,100
How to Rent a Home