Washington, 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 Washington is $992, a 5.97% decrease compared to the previous year, when the average rent was $1,055.
Two-beedroom units at $949 offer 991 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,231 sq ft) for $1,025, suitable for larger households.
Average rent in Washington, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $992 | 1,113 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | n/a | n/a |
| 2 Beds | $949 | 991 sq. ft. |
| 3 Beds | $1,025 | 1,231 sq. ft. |
Washington, NC rent trends
Rental prices in Washington, NC have decreased by 5.97% over the past year. The average rent moved from $1,055 to $992.
What's the typical rent budget in Washington, NC?
The largest share of rentals in Washington, NC (51%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Washington, NC?
2,301 or 49% of the households in Washington, NC are renter-occupied while 2,380 or 51% are owner-occupied.
How Washington Compares to Other Cities
| City | Average Rent |
|---|---|
| Washington | $992 |
| Charlotte | $1,653 |
| Raleigh | $1,591 |
| Fayetteville | $1,276 |
| Winston - Salem | $1,293 |
| Durham | $1,555 |
| Greensboro | $1,320 |
| Cary | $1,664 |
| Concord | $1,535 |
| Wilmington | $1,629 |
| Asheville | $1,716 |
| Greenville | $1,384 |
| Kinston, NC | $922 |
| New Bern, NC | $1,395 |
| Tarboro, NC | $964 |
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 Washington 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.