Average Rent in North Carolina

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Current Versus Historical North Carolina Rents

North Carolina rentals average $1,940 for a studio rental to $2,398 for a 4-bedroom rental. The median price of all currently available listings is $1,950, or roughly $1 per square feet.
For the apartment units and housing in February 2025, median rents have fallenover the last year. Studio rentals prices have increased by $152 (8.75%) year-over-year from $1,733 to $1,885. 1-bedroom rentals prices have decreased by $114 (-7.15%) year-over-year from $1,589 to $1,475. 2-bedroom rentals prices have increased by $66 (4.29%) year-over-year from $1,529 to $1,595. 3-bedroom rentals prices have increased by $105 (5.85%) year-over-year from $1,795 to $1,900. 4-bedroom rentals prices have increased by $63 (2.72%) year-over-year from $2,332 to $2,395. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 15.03% this month. 1-bedroom rents have gone up by 3.44% this month. 2-bedroom rents have gone down by 2.37% this month. 3-bedroom rents have gone up by 0.18% this month. 4-bedroom rents have gone up by 2.50% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.38 $1,885 $1,733 (8.75%) $1,802 (4.56%)
1 BR $2.09 $1,475 $1,589 (-7.15%) $1,684 (-12.41%)
2 BR $1.49 $1,595 $1,529 (4.29%) $1,542 (3.44%)
3 BR $1.21 $1,900 $1,795 (5.85%) $1,683 (12.87%)
4+ BR $1.04 $2,395 $2,332 (2.72%) $2,235 (7.17%)

Historical Rents in North Carolina

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near North Carolina

There are a total of 25 cities nearby North Carolina. The average rent in North Carolina is currently $2,135 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Fayetteville, NC, with an average rent of $1,395, is the most affordable city nearby. In contrast, the most expensive city near North Carolina is Bethesda, MD. Monthly rents here are on average $3,500 per month.

Let's compare North Carolina's rent against other top cities nearby by bedroom size. One bedrooms are about 7.25% more affordable. Two bedrooms in North Carolina are about 14.26% more affordable. Finally, rent for three bedrooms are about 7.69% more affordable. Want more information? Check out the top 10 cities out of 25 total cities near North Carolina in the following chart.
City Studio 1 Bed 2 Bed All
Fayetteville, NC N/A $800 $1,050 $1,395
Kannapolis, NC N/A N/A $1,500 $1,850
Concord, NC N/A $1,000 $1,399 $1,880
Raleigh, NC $2,173 $1,238 $1,650 $1,895
Durham, NC $1,767 $1,550 $1,650 $1,995
Charlotte, NC $2,500 $1,567 $1,850 $2,000
Mooresville, NC N/A $1,363 $1,560 $2,100
Cary, NC N/A $1,561 $1,823 $2,135
Morrisville, NC N/A $1,502 $2,100 $2,300
Alexandria, VA $1,773 $2,140 $2,773 $2,625

Top Neighborhoods Near North Carolina

There are a total of 8 neighborhoods in or near North Carolina. Some of these neighborhoods include Terry Sanford, Westover, and Douglas Byrd. We've included all of these top 8 neighborhoods in or near North Carolina in the following chart.

The average rent for these 8 neighborhoods in or near North Carolina is currently around $1,775 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $1,775. Out of all the neighborhoods in or near North Carolina, Terry Sanford has the most affordable average rent at $1,185 per month. Whereas, at $3,700 average rent per month, North Buckhead is the most expensive neighborhood in or near North Carolina. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Terry Sanford, Fayetteville, NC N/A $795 $1,008 $1,185
Westover, Fayetteville, NC N/A $750 $1,100 $1,298
Douglas Byrd, Fayetteville, NC N/A $800 $950 $1,400
Seventy-First, Fayetteville, NC N/A $798 $900 $1,500
Trinidad - Langston, Washington, DC N/A $1,602 $2,150 $2,050
Midtown, Atlanta, GA $1,593 $1,851 $2,750 $2,281
Old Fourth Ward, Atlanta, GA N/A $1,961 $2,950 $2,695
North Buckhead, Atlanta, GA N/A $1,975 $3,200 $3,700

Top Counties Near North Carolina

There are a total of 8 counties located by North Carolina. Some of these counties include Cumberland, NC, Johnston, NC, and Harnett, NC. The average rent for rentals in these counties is $2,125. That's roughly around $1 per sqft. A total of 13 counties have a lower average rent. The county that is the most affordable is Cumberland, NC. It's average rent per month is $1,400. Vice versa, with an average rent of $3,250, Loudoun, VA is the most expensive county by North Carolina.

In comparison, rent for one bedroom listings in North Carolina is 0.54% more expensive than other counties nearby. Finally, rent for two bedrooms in North Carolina is 11.13% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Cumberland, NC N/A $800 $1,040 $1,400
Johnston, NC $1,700 $1,205 $1,470 $1,800
Harnett, NC N/A $1,350 $1,575 $1,895
Cabarrus, NC N/A $1,000 $1,400 $1,900
Wake, NC $2,050 $1,300 $1,653 $1,995
Mecklenburg, NC $2,500 $1,563 $1,892 $2,088
Durham, NC $1,767 $1,585 $1,795 $2,099
Union, NC N/A $1,095 $1,673 $2,200
Albemarle, VA N/A $1,785 $1,975 $2,200
Henrico, VA N/A N/A $1,925 $2,600

Top Zipcodes Near North Carolina

There are a total of 29 zipcodes in or near North Carolina. The average rent for all of these zipcodes is $2,200. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 27606, Wake County, NC at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $3,548 per month is 30342, Sandy Springs, GA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near North Carolina is $1,527 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,963 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in North Carolina. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
30318, Atlanta, GA $1,421 $1,580 $2,325 $2,200
30309, Atlanta, GA $1,500 $1,800 $2,750 $2,295
30024, Gwinnett County, GA N/A $1,671 $1,883 $2,600
22201, Arlington, VA $2,140 $2,636 $3,397 $2,714
30328, Sandy Springs, GA N/A $1,587 $2,094 $2,200
30080, Smyrna, GA N/A $1,500 $1,963 $2,600
30058, DeKalb County, GA N/A N/A $1,600 $1,898
28208, Charlotte, NC N/A $1,347 $2,000 $1,963
27519, Cary, NC N/A $1,527 $2,100 $2,323
28269, Charlotte, NC $1,947 $1,371 $1,700 $1,995

Frequently Asked Questions - North Carolina Average Rents

What is the average rent price in North Carolina?
The average monthly rental price for North Carolina apartments for rent is approximately $1,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do North Carolina rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in North Carolina.
How much is a studio apartment in North Carolina?
The average monthly rental price for studio apartments is $1,940 and an average price per square feet of $1.38. There are a total of 24 studio apartment listings currently available for rent in North Carolina.
How much is a one bedroom apartment in North Carolina?
The average monthly rental price for one bedroom apartments is $1,400 and an average price per square feet of $2.09. There are a total of 339 one bedroom apartment listings currently available for rent in North Carolina.
How much is a two bedroom apartment in North Carolina?
The average monthly rental price for two bedroom apartments is $1,595 and an average price per square feet of $1.49. There are a total of 877 two bedroom apartment listings currently available for rent in North Carolina.
How have rent prices in North Carolina changed this year?
Rent prices for rentals in North Carolina can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in North Carolina?
A reasonable rent price in North Carolina is around $1,560/month. You can search for these reasonably priced rental listings on RentHop.
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