No rentals found near Balfour, NC

The average rent in Balfour, NC is $1,453.

In Balfour, 22% of the residents are renting compared to 78% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Balfour's rentals, 27% are small-scale complexes with under 50 units, and 53% are single-family rentals.

The average age of rental buildings in Balfour is 18 years old, with 88% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Balfour come in a range of sizes and floorplans. Studio apartments represent 0.5% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 32% of the total apartments in the city, while 2-bedroom floorplans represent around 49% of all rentals in Balfour. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.