Hope Mills, NC Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Hope Mills is $1,153, a 1.13% increase compared to the previous year, when the average rent was $1,140.
One-bedroom apartments provide 709 square feet for $1,180, balancing privacy and affordability.
Two-beedroom units at $1,129 offer 1,066 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,396 sq ft) for $1,242, suitable for larger households.
Average rent in Hope Mills, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,153 | 1,110 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,180 | 709 sq. ft. |
| 2 Beds | $1,129 | 1,066 sq. ft. |
| 3 Beds | $1,242 | 1,396 sq. ft. |
Hope Mills, NC rent trends
Rental prices in Hope Mills, NC have increased by 1.13% over the past year. The average rent moved from $1,140 to $1,153.
What's the typical rent budget in Hope Mills, NC?
The largest share of rentals in Hope Mills, NC (60%) 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 Hope Mills, NC?
2,364 or 37% of the households in Hope Mills, NC are renter-occupied while 4,101 or 63% are owner-occupied.
How Hope Mills Compares to Other Cities
| City | Average Rent |
|---|---|
| Hope Mills | $1,153 |
| 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 |
| Spring Lake | $1,269 |
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 Hope Mills 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.