Advance, NC Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Advance is $1,545, a N/A compared to the previous year, when the average rent was .
One-bedroom apartments provide 784 square feet for $1,427, balancing privacy and affordability.
Two-beedroom units at $1,685 offer 1,180 square feet, perfect for roommates or small families.
Average rent in Advance, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,545 | 966 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,427 | 784 sq. ft. |
| 2 Beds | $1,685 | 1,180 sq. ft. |
| 3 Beds | n/a | n/a |
Advance, NC rent trends
What's the typical rent budget in Advance, NC?
The largest share of rentals in Advance, NC (64%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Advance, NC?
90 or 18% of the households in Advance, NC are renter-occupied while 405 or 82% are owner-occupied.
How Advance Compares to Other Cities
| City | Average Rent |
|---|---|
| Advance | $1,545 |
| Charlotte | $1,653 |
| Concord | $1,535 |
| Raleigh | $1,591 |
| Fayetteville | $1,276 |
| Durham | $1,555 |
| Greensboro | $1,320 |
| Winston - Salem | $1,293 |
| Cary | $1,664 |
| Wilmington | $1,629 |
| Asheville | $1,716 |
| Kannapolis, NC | $1,528 |
| Mooresville, NC | $1,618 |
| Troutman, NC | $2,236 |
| High Point, NC | $1,253 |
| Lexington, NC | $1,236 |
| Statesville, NC | $1,177 |
| Jamestown, NC | $1,513 |
| Salisbury, NC | $1,268 |
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 Advance 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.