Average Rent in North Carolina

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Current Versus Historical North Carolina Rents

North Carolina rentals average $0 for a 1-bedroom rental to $0 for a 1-bedroom rental. The median price of all currently available listings is $2,700, or roughly $0 per square feet.

For the apartment units and housing in July 2024, median rents have risen over the last year. Studio rentals prices have decreased by $41 (-2.22%) year-over-year from $1,832 to $1,791. 1-bedroom rentals prices have increased by $105 (6.37%) year-over-year from $1,648 to $1,753. 2-bedroom rentals prices have increased by $632 (43.14%) year-over-year from $1,465 to $2,097. 3-bedroom rentals prices have increased by $282 (15.53%) year-over-year from $1,813 to $2,095. 4-bedroom rentals prices have increased by $22 (0.91%) year-over-year from $2,373 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 down by 8.79% this month. 1-bedroom rents have gone up by 1.58% this month. 2-bedroom rents have gone up by 14.34% this month. 3-bedroom rents have gone up by 4.92% this month. 4-bedroom rents have gone down by 2.18% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)

Historical Rents in North Carolina

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near North Carolina

There are a total of 14 cities nearby North Carolina. The average rent in North Carolina is currently $2,399 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Nashville, TN, with an average rent of $1,531, is the most affordable city nearby. In contrast, the most expensive city near North Carolina is Bethesda, MD. Monthly rents here are on average $3,986 per month.

Let's compare North Carolina's rent against other top cities nearby by bedroom size. Typically, rent for studios in North Carolina is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in North Carolina are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 14 total cities near North Carolina in the following chart.

City	Studio	1 Bed	2 Bed	All
Germantown, MD	N/A	$1,756	$1,958	$2,031
Silver Spring, MD	$1,699	$2,046	$2,600	$2,200
Lake Ridge, VA	$1,721	$1,772	$2,268	$2,298
McNair, VA	$1,956	$2,037	$2,358	$2,353
Lincolnia, VA	$1,665	$1,888	$2,428	$2,445
Alexandria, VA	$2,000	$2,000	$2,504	$2,501
Arlington, VA	$1,900	$2,566	$3,395	$2,800
Reston, VA	N/A	$1,975	$2,500	$2,850
Washington, DC	$2,088	$2,526	$3,400	$2,950
Bethesda, MD	$2,238	$2,745	$3,938	$3,986

Top Neighborhoods Near North Carolina

There are a total of 5 neighborhoods in or near North Carolina. Some of these neighborhoods include Trinidad - Langston, Logan Circle - Shaw, and Columbia Heights. We've included all of these top 5 neighborhoods in or near North Carolina in the following chart.

The average rent for these 5 neighborhoods in or near North Carolina is currently around $2,875 per month. Meaning, only five neighborhoods have a higher average rent than $2,875. Interestingly, the neighborhoods' average rent is higher than North Carolina's average rent, which is only $2,700. Out of all the neighborhoods in or near North Carolina, Trinidad - Langston has the most affordable average rent at $2,825 per month. Whereas, at $3,928 average rent per month, Cathedral - Wesley Heights - McLean Gardens is the most expensive neighborhood in or near North Carolina. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Trinidad - Langston, Washington, DC	N/A	$2,331	$3,000	$2,825
Logan Circle - Shaw, Washington, DC	$2,000	$2,745	$4,203	$2,842
Columbia Heights, Washington, DC	$2,088	$2,559	$3,400	$2,875
Capitol Hill, Washington, DC	$2,038	$2,250	$3,300	$3,535
Cathedral - Wesley Heights - McLean Gardens, Washington, DC	$1,795	$2,915	$4,511	$3,928

Top Counties Near North Carolina

There are a total of 5 counties located by North Carolina. Some of these counties include Albemarle, VA, Prince William, VA, and Alexandria, VA. The average rent for rentals in these counties is $2,700. That's roughly around $2 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is Davidson, TN. It's average rent per month is $1,531. Vice versa, with an average rent of $3,200, Loudoun, VA is the most expensive county by North Carolina.

Typically, rent for studios in North Carolina is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in North Carolina is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in North Carolina is inf% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Albemarle, VA	N/A	$1,665	$1,913	$2,183
Prince William, VA	$1,754	$1,782	$2,251	$2,465
Alexandria, VA	$2,000	$2,000	$2,504	$2,501
Prince George's, MD	N/A	$1,500	$1,950	$2,600
Arlington, VA	$1,900	$2,566	$3,395	$2,800
Stafford, VA	N/A	$1,573	$1,735	$2,900
Anne Arundel, MD	N/A	$1,750	$2,400	$2,900
District of Columbia, DC	$2,088	$2,526	$3,400	$2,950
Fairfax, VA	$1,750	$2,000	$2,435	$3,000
Loudoun, VA	N/A	$1,800	$2,500	$3,200

Top Zipcodes Near North Carolina

There are a total of 20 zipcodes in or near North Carolina. The average rent for all of these zipcodes is $2,505. A total of 12 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 20020, Washington, DC at $1,953 per month. In comparison, the zipcode with the most expensive average rent of $3,700 per month is 20011, Washington, DC.

Studios in these zipcodes have an average rent of $1,682. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near North Carolina is $1,973 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,446 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
20002, Washington, DC	$2,313	$2,350	$3,100	$3,028
20001, Washington, DC	$2,469	$2,595	$3,375	$2,925
22201, Arlington, VA	$1,828	$2,538	$3,786	$2,729
22191, Marumsco, VA	N/A	$1,882	$2,360	$2,385
21224, Baltimore, MD	N/A	$2,054	$1,950	$2,200
22312, Lincolnia, VA	$1,665	$1,908	$2,417	$2,451
20020, Washington, DC	N/A	$1,585	$1,900	$1,953
20011, Washington, DC	N/A	$1,900	$2,475	$3,700
20171, Franklin Farm, VA	$1,956	$2,037	$2,358	$2,397
20148, Brambleton, VA	N/A	N/A	$2,549	$3,600

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 $2,700. 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 $0 and an average price per square feet of $0.00. There are a total of 0 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 $0 and an average price per square feet of $0.00. There are a total of 1 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 $0 and an average price per square feet of $0.00. There are a total of 0 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 -0.02%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.43%, and three bedroom rental prices have changed by 0.16% year-over-year.

What is a reasonable rent price in North Carolina?

A reasonable rent price in North Carolina is around $2,160/month. You can search for these reasonably priced rental listings on RentHop.