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Example household · $83,730 · same pay · 1 adult

Burlington

Housing in Burlington, NC: Rent, Home Prices & Property Tax

$2,409 left/mo

$1,002/mo (1 bd) in Burlington. Median home $221,200. Property tax 0.65%.

Pick a home cityHow we figure this
Rent (1-bedroom)
$1,002
/mo
Buy
$1,529
Mortgage, tax, insurance
Buying costs more
$527
/mo

To buy

  • 20% down payment$44,240
  • Mortgage at 7.24%$1,206
  • Property tax (0.65% of value)$120/mo · $1,438/yr
  • Insurance and upkeep$203
  • Monthly total$1,529

Months to 20% down

$2,409 left each month. About 19 months (1.6 years) to save $44,240.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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