North Carolina Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in North Carolina is $1,550, a 0.09% increase compared to the previous year, when the average rent was $1,548.
One-bedroom apartments provide 748 square feet for $1,374, balancing privacy and affordability.
Two-beedroom units at $1,573 offer 1,065 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,365 sq ft) for $1,937, suitable for larger households.
Average rent in North Carolina
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,550 | 976 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,374 | 748 sq. ft. |
| 2 Beds | $1,573 | 1,065 sq. ft. |
| 3 Beds | $1,937 | 1,365 sq. ft. |
North Carolina rent trends
What's the typical rent budget in North Carolina?
The largest share of rentals in North Carolina (49%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in North Carolina?
1,408,252 or 34% of the households in North Carolina are renter-occupied while 2,778,672 or 66% are owner-occupied.
How North Carolina Compares to Other States
| State | Average Rent | Average Apartment Size |
|---|---|---|
| Alabama | $1,315 | 992 sq. ft. |
| Arizona | $1,573 | 862 sq. ft. |
| Arkansas | $1,133 | 895 sq. ft. |
| California | $2,638 | 854 sq. ft. |
| Colorado | $1,841 | 876 sq. ft. |
| Connecticut | $2,119 | 895 sq. ft. |
| Delaware | $1,687 | 919 sq. ft. |
| District of Columbia | $2,498 | 747 sq. ft. |
| Florida | $1,970 | 982 sq. ft. |
| Georgia | $1,642 | 1,025 sq. ft. |
| Idaho | $1,657 | 928 sq. ft. |
| Illinois | $2,021 | 838 sq. ft. |
| Indiana | $1,313 | 907 sq. ft. |
| Iowa | $1,236 | 898 sq. ft. |
| Kansas | $1,306 | 909 sq. ft. |
| Kentucky | $1,321 | 936 sq. ft. |
| Louisiana | $1,267 | 923 sq. ft. |
| Maryland | $1,885 | 906 sq. ft. |
| Massachusetts | $2,849 | 881 sq. ft. |
| Michigan | $1,396 | 920 sq. ft. |
| Minnesota | $1,625 | 892 sq. ft. |
| Mississippi | $1,305 | 1,005 sq. ft. |
| Missouri | $1,330 | 901 sq. ft. |
| Montana | $1,714 | 889 sq. ft. |
| Nebraska | $1,340 | 933 sq. ft. |
| Nevada | $1,536 | 908 sq. ft. |
| New Hampshire | $2,181 | 879 sq. ft. |
| New Jersey | $2,419 | 868 sq. ft. |
| New Mexico | $1,406 | 831 sq. ft. |
| New York | $2,250 | 898 sq. ft. |
| North Carolina | $1,550 | 976 sq. ft. |
| North Dakota | $1,159 | 966 sq. ft. |
| Ohio | $1,326 | 901 sq. ft. |
| Oklahoma | $1,063 | 858 sq. ft. |
| Oregon | $1,753 | 844 sq. ft. |
| Pennsylvania | $1,778 | 890 sq. ft. |
| Rhode Island | $2,211 | 923 sq. ft. |
| South Carolina | $1,613 | 1,015 sq. ft. |
| South Dakota | $1,182 | 913 sq. ft. |
| Tennessee | $1,529 | 949 sq. ft. |
| Texas | $1,451 | 890 sq. ft. |
| Utah | $1,622 | 927 sq. ft. |
| Virginia | $1,972 | 923 sq. ft. |
| Washington | $2,043 | 830 sq. ft. |
| Wisconsin | $1,582 | 917 sq. ft. |
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Popular Cities in North Carolina
- Apartments in Apex $1,651
- Apartments in Asheville $1,698
- Apartments in Belmont $1,628
- Apartments in Boone $2,594
- Apartments in Burlington $1,357
- Apartments in Cary $1,625
- Apartments in Chapel Hill $1,774
- Apartments in Charlotte $1,655
- Apartments in Clayton $1,602
- Apartments in Concord $1,534
- Apartments in Cornelius $1,644
- Apartments in Durham $1,529
- Apartments in Fayetteville $1,294
- Apartments in Fuquay Varina $1,628
- Apartments in Garner $1,451
- Apartments in Gastonia $1,363
- Apartments in Goldsboro $1,334
- Apartments in Greensboro $1,322
- Apartments in Greenville $1,381
- Apartments in Hendersonville $1,502
- Apartments in Hickory $1,489
- Apartments in High Point $1,245
- Apartments in Holly Springs $1,686
- Apartments in Huntersville $1,660
- Apartments in Indian Trail $1,726
- Apartments in Jacksonville $1,236
- Apartments in Kannapolis $1,523
- Apartments in Kinston $914
- Apartments in Knightdale $1,533
- Apartments in Lenoir $1,341
- Apartments in Lillington $1,403
- Apartments in Mebane $1,414
- Apartments in Monroe $1,464
- Apartments in Mooresville $1,612
- Apartments in Morrisville $1,659
- Apartments in Raeford $1,412
- Apartments in Raleigh $1,579
- Apartments in Roanoke Rapids $747
- Apartments in Rocky Mount $1,202
- Apartments in Salisbury $1,255
- Apartments in Sanford $1,267
- Apartments in Statesville $1,162
- Apartments in Troutman $2,199
- Apartments in Wake Forest $1,646
- Apartments in Weaverville $1,774
- Apartments in Wilmington $1,619
- Apartments in Wilson $1,266
- Apartments in Winston - Salem $1,290
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all North Carolina apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.