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Frequently asked questions
What is the average rent in Farrington, NC?
The average rent in Farrington, NC is $1,730.
What type of rental buildings are in Farrington, NC?
In Farrington, 33% of the residents are renting compared to 67% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 22% of Farrington's rentals, 63% are small-scale complexes with under 50 units, and 11% are single-family rentals.
What do typical apartment communities look like in Farrington, NC?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Farrington are about 23 years old, on average. Of these, 58% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 86% of the rental communities here are low-rise, garden-style communities, 27% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Farrington, NC?
Rental apartments in Farrington come in a range of sizes and floorplans. Studio apartments represent 3% 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 41% of the total apartments in the city, while 2-bedroom floorplans represent around 43% of all rentals in Farrington. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.