Belmont, NC Rental Market Trends
Highlights
The average rent for an apartment in Belmont is $1,131, a 4% increase compared to the previous year, when the average rent was $1,092.
Average Rent in Belmont, NC
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,131 | 4% | 985 sq. ft. |
The average size for a Belmont, NC apartment is 985 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Belmont, NC Apartment Rent Ranges
- $701-$1,00019%
- $1,001-$1,50081%
Belmont, NC Occupied Housing Units
- Renter-occupied Households30%
- Owner-occupied Households69%
1,309 or 30% of the households in Belmont, NC are renter-occupied while 2,998 or 69% are owner-occupied.
Belmont, NC Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Belmont, NC | $983 | $1,001 | $1,034 | $1,017 | $1,017 | $1,061 | $1,092 | $1,123 | $1,125 | $1,131 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How Belmont Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Charlotte | $1,259 | 6% |
| Raleigh | $1,238 | 6% |
| Durham | $1,181 | 3% |
| Greensboro | $914 | 4% |
| Winston - Salem | $895 | 7% |
| Rock Hill | $1,047 | 8% |
| Huntersville | $1,237 | 7% |
| Fort Mill | $1,240 | 3% |
| Gastonia | $906 | 3% |
| Cornelius | $1,226 | 3% |
| Belmont | $1,131 | 4% |
For more information about the Belmont rental trends, check out our monthly rent report
Check out North Carolina Cities, North Carolina Neighborhoods and North Carolina Zip Codes for more details on verified listings, including the North Carolina Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!