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City · 7,995 residents · Chatham County, North Carolina

Siler City , North Carolina

In Siler City, a typical home is worth $154,600 and typical rent is $1,000 a month. Compared with all of Chatham County, the typical home value is 65% lower, typical household income is 51% lower, and the share of households that own their home is 25 points lower.

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  • Typical home value

    $154,600

    65% below the county

    46% below North Carolina

    • Siler City
    • Chatham
    • North Carolina

  • Typical rent

    $1,000a month

    15% below the county

    19% below North Carolina

    • Siler City
    • Chatham
    • North Carolina

  • Typical household income

    $46,566a year

    51% below the county

    36% below North Carolina

    • Siler City
    • Chatham
    • North Carolina

  • Households that own their home

    56%

    25 points below the county

    11 points below North Carolina

    • Siler City
    • Chatham
    • North Carolina

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$255,523
3% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Siler City is in Chatham County. The FHA loan limit ($634,800 for a one-unit home), the fair market rents and the help on this page are those of all of Chatham County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Siler City apart

What this place has that others do not, from public data, most unusual first.

  1. The typical home in Siler City is worth $154,600, 65% less than in Chatham County as a whole ($446,200).

  2. 56% of households in Siler City own their home, against 81% in Chatham County.

  3. The typical household income in Siler City is $46,566, 51% less than in Chatham County as a whole ($94,317).

  4. According to Zillow, in the 12 months to September 2026 the typical home value in Siler City rose 3%; in North Carolina, it barely changed.

  5. The typical rent in Siler City is $1,000 a month, 15% less than in Chatham County as a whole ($1,180).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Siler City

What homes there are in Siler City, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Siler City, but it weighs less than in Chatham County: 55% against 77%.

Mobile homes are 20% of homes in Siler City, more than in Chatham County (12%).

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,273 a month

Chatham County: $2,118 a month

Without a mortgage

$520 a month

Chatham County: $616 a month

Owners with a mortgage

41%

Chatham County: 56%

The typical cost for an owner with a mortgage in Siler City is $1,273 a month, less than in Chatham County ($2,118); without one, $520.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Siler City rose 46%; in Chatham County, it rose 58%.

The typical rent in Siler City rose 58% over the same time; in Chatham County, it rose 40%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureSiler CityChatham CountyNorth CarolinaUnited States
Rental vacancy Unreliable estimateUnreliable estimate7.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.3%0.9%
More than one person per room Unreliable estimate2.0%2.2%3.4%
People per household 2.572.412.442.53
Drive alone 80%68%72%69%
Carpool Unreliable estimate6%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home Unreliable estimate23%16%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Siler City has 2.57 people, more than in Chatham County (2.41).

In Siler City, 80% of workers drive alone to work; in Chatham County, 68%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Siler City?

A typical home is tight for the typical income

We start with a typical home in Siler City, worth $154,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in Siler City, which is $46,566 a year. For that payment to be 28% of income, a household would need to earn about $54,401 a year.

The calculator's FHA and conventional loan limits are those of all of Chatham County.

Your numbers

Local data
$

Starts at the typical home value in Siler City. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $5,411 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,269

at 7.18% · 30 years

Loan amount
$151,800
Total interest
$218,404
Paid off in
November 2056

Includes $2,611 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,087 a month

  • Tight

    $1,087 to $1,397 a month

    Your payment · 33%

  • Hard

    more than $1,397 a month

Compared with the typical household income in Siler City ($46,566 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,269
Principal & interest$1,028
Property tax$108
Home insurance$64
FHA mortgage insurance (MIP)$68

You need at least $5,411 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Siler City and Chatham County

Siler City is in Chatham County, North Carolina. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Siler City's own numbers

Typical home value
$154,600
Typical monthly rent
$1,000
Typical yearly household income
$46,566
Households that own their home
56%
Effective property tax rate
0.84%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Chatham County

FHA limit, one-unit home
$634,800
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,745
Price change over 5 years (FHFA)
+66%
Homes in a high flood-risk zone
0.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Chatham County.

Everything about Chatham County

Buying

Buying a home in Siler City

A typical home in Siler City is worth $154,600: 65% below the county and 46% below North Carolina. With the typical household income in Siler City ($46,566 a year), a typical home costs 3.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Siler City 3.3 years
  • Chatham 4.7 years
  • North Carolina 4.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Chatham County

According to FHFA’s house price index, home prices in Chatham County rose 104% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Chatham County.

Period County North Carolina U.S.
Last year (2025) +6.0% +2.5% +2.9%
5 years (2020–2025) +66% +60% +47%
10 years (2015–2025) +104% +107% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Siler City next to Chatham County, North Carolina and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Siler City $154,600
  • Chatham $446,200
  • North Carolina $288,900
  • United States $332,700
Typical monthly rent
  • Siler City $1,000
  • Chatham $1,180
  • North Carolina $1,228
  • United States $1,413
Typical yearly household income
  • Siler City $46,566
  • Chatham $94,317
  • North Carolina $72,388
  • United States $80,734
See the full table
Siler City next to Chatham County and North Carolina
Measure Siler City Chatham County North Carolina U.S.
Typical home value $154,600 $446,200 $288,900 $332,700
Typical monthly rent $1,000 $1,180 $1,228 $1,413
Typical yearly household income $46,566 $94,317 $72,388 $80,734
Households that own their home 56% 81% 67% 65%
Typical yearly property tax $1,296 $2,847 $1,896 $3,119
Effective property tax rate 0.84% 0.64% 0.66% 0.94%
Renters with high rent for their income 46% 48% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Chatham County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Siler City

For a typical $154,600 home in Siler City, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Siler City's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,269a month

    Least cash to close
    Down payment
    $5,411
    Cash to close
    $10,049
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $68

  • Conventional, 5% down $1,241a month

    Down payment
    $7,730
    Cash to close
    $12,368
    Rate
    7.18%
    Mortgage insurance
    PMI · $73

  • Conventional, 20% down, no PMI $1,010a month

    Down payment
    $30,920
    Cash to close
    $35,558
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,153a month

    Down payment
    $23,190
    Cash to close
    $27,828
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Siler City and for Chatham County.

Property tax

Effective rate in Siler City

0.84%of the home’s value each year

$1,296 a year for the typical owner in Siler City.

  • Siler City 0.84%
  • Chatham 0.64%
  • North Carolina 0.66%

What North Carolina publishes Elderly or Disabled Homestead Exclusion (North Carolina General Assembly (statute))

Exemptions and deadlines in North Carolina

Flood risk in Chatham County

FEMA does not publish these numbers by city: they are for all of Chatham County.

Homes in the high-risk zone
0.3%
73
Of those, with NFIP insurance
45%
County North Carolina U.S.
Homes in the high-risk zone 0.3% 2.8% 3.5%
Of those, with NFIP insurance 45% 53% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Siler City

Typical rent in Siler City is $1,000 a month: 15% below the county. In Siler City, 46% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Chatham County, by unit size. To pay the 2-bedroom one ($1,745 a month) without spending more than 30% of your income, you would need to earn $33.56 an hour working full time.

HUD fair market rent for all of Chatham County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,498 $28.81 $59,920
1 bedroom $1,554 $29.88 $62,160
2 bedrooms $1,745 $33.56 $69,800
3 bedrooms $2,161 $41.56 $86,440
4 bedrooms $2,486 $47.81 $99,440

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Siler City

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Siler City is in ZIP code 27344.

For 2 bedrooms it is $1,310: $435 less than the fair market rent for Chatham County ($1,745).

  • 27344 $1,310$1,620

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Siler City when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Siler City

HUD lists 8 buildings with rents for lower incomes in Siler City. These are the largest.

  • Cateland Place 380 W 11th St, Siler City 27344 64 low-income homes · 2 bd: 40 · 3 bd: 24 · In service since 1998 · For families
  • Cardinal Chase 205 S 10th Ave, Siler City 27344 48 low-income homes · 1 bd: 4 · 2 bd: 36 · 3 bd: 8 · In service since 2005 · For people with disabilities, families, people experiencing homelessness
  • Siler School Square 502 W 3rd St, Siler City 27344 44 low-income homes · 1 bd: 22 · 2 bd: 22 · In service since 2020 · For families
  • Braxton Manor 101 S 3rd Ave, Siler City 27344 32 low-income homes · 1 bd: 29 · 2 bd: 3 · In service since 1999 · For older adults
  • North Glen Apartments 1221 W 11th St, Siler City 27344 32 low-income homes · 1 bd: 16 · 2 bd: 16 · In service since 2014 · For families

See all 12 buildings in Chatham County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Siler City

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Chatham County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair to help a teenage girl with her book.

HUD counseling is free or low-cost

Assistance programs in Siler City

No down payment, repair or rent-help program on our list is for Siler City or Chatham County. The ones below are statewide in North Carolina: they work in Siler City the same as in the rest of the state.

Which programs do I qualify for? All programs in North Carolina

  • NC Home Advantage Mortgage

    Statewide in North Carolina

    NCHFA fixed-rate mortgage with down payment assistance, for first-time buyers and for people who have owned a home before, in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Forgivable

    See the program Official page

  • NC 1st Home Advantage Down Payment

    Statewide in North Carolina

    A fixed amount of NCHFA down payment assistance for first-time buyers and veterans in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Type not stated

    See the program Official page

  • Community Partners Loan Pool (CPLP)

    Statewide in North Carolina

    NCHFA interest-free loan with deferred payments of up to 25% of the price (maximum $50,000) for the down payment of low- and moderate-income buyers in North Carolina; you apply through a member organization. Offered by North Carolina Housing Finance Agency (NCHFA).

    Deferred

    See the program Official page

Housing counselors near Siler City

The HUD-approved agencies closest to the center of Siler City, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Brick Capital Community Development Corporation

    822 S Horner Blvd, Sanford · 24 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    919-775-2300x3

  • CCCS of Greater Greensboro

    236 N. Mebane St., Burlington · 25 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (336) 373-8882

  • Empowerment Incorporated

    109 N Graham St Ste 200, Chapel Hill · 26 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (919) 967-8779

All counseling agencies in North Carolina

Help in Spanish near Siler City

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Siler City

HUD’s record names them for Siler City or Chatham County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

All housing agencies in North Carolina Source: HUD

Cities

Other cities in Chatham County

These cities are also in Chatham County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Chatham County Housing in North Carolina

Nearby cities

The cities closest to Siler City, with the typical home value.

Neighboring counties

If Chatham County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Siler City.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Siler City

Short answers with the numbers for Siler City and all of Chatham County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Siler City?

The typical home value in Siler City is $154,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Chatham County it is $446,200.

How much does it cost to rent in Siler City?

Typical rent in Siler City is $1,000 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Chatham County is $1,745.

What is the FHA loan limit in Siler City?

Siler City uses the FHA limit for all of Chatham County (2026): $634,800 for a one-unit home and $1,220,800 for a four-unit home.

How much property tax do owners pay in Siler City?

The typical homeowner in Siler City pays $1,296 a year, according to the U.S. Census Bureau. That is 0.84% of the home’s value; in Chatham County, the rate is 0.64%.

Where can I find free help to buy or rent in Siler City?

We found no HUD-approved counseling agencies with an office in Chatham County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).