Troutman, 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 Troutman is $2,236, a 6.19% increase compared to the previous year, when the average rent was $2,105.
Three-bedroom apartments deliver maximum space (1,771 sq ft) for $2,282, suitable for larger households.
Average rent in Troutman, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,236 | 1,771 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | n/a | n/a |
| 2 Beds | n/a | n/a |
| 3 Beds | $2,282 | 1,771 sq. ft. |
Troutman, NC rent trends
Rental prices in Troutman, NC have increased by 6.19% over the past year. The average rent moved from $2,105 to $2,236.
What's the typical rent budget in Troutman, NC?
The largest share of rentals in Troutman, NC (74%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Troutman, NC?
308 or 22% of the households in Troutman, NC are renter-occupied while 1,122 or 78% are owner-occupied.
How Troutman Compares to Other Cities
| City | Average Rent |
|---|---|
| Troutman | $2,236 |
| 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 |
| Huntersville, NC | $1,662 |
| Cornelius, NC | $1,648 |
| Denver, NC | $1,593 |
| Kannapolis, NC | $1,528 |
| Mooresville, NC | $1,618 |
| Statesville, NC | $1,177 |
| Hickory, NC | $1,440 |
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 Troutman 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.