Garner, NC Rental Market Trends
Highlights
The average rent for an apartment in Garner is $1,110, a 7% increase compared to the previous year, when the average rent was $1,035.
Average Rent in Garner, NC
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,110 | 7% | 976 sq. ft. |
The average size for a Garner, NC apartment is 976 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.
Garner, NC Apartment Rent Ranges
- $701-$1,00032%
- $1,001-$1,50067%
- $1,501-$2,0001%
Garner, NC Occupied Housing Units
- Renter-occupied Households33%
- Owner-occupied Households66%
3,827 or 33% of the households in Garner, NC are renter-occupied while 7,511 or 66% are owner-occupied.
Garner, NC Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | May / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Garner, NC | $1,022 | $1,002 | $1,019 | $1,014 | $1,014 | $1,020 | $1,035 | $1,074 | $1,110 | $1,110 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How Garner Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Charlotte | $1,259 | 6% |
| Raleigh | $1,238 | 6% |
| Durham | $1,181 | 3% |
| Winston - Salem | $895 | 7% |
| Greensboro | $914 | 4% |
| Cary | $1,220 | 3% |
| Clayton | $1,126 | 1% |
| Morrisville | $1,244 | 2% |
| Knightdale | $1,254 | 15% |
| Garner | $1,110 | 7% |
| Apex | $1,207 | 2% |
For more information about the Garner 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!