Average Rent In North Carolina For December 2019

By Chris Kolmar | HomeSnacks | Updated: 2019-12-18
$1,395
Average Rent
$0.866
Average $/sqft

What is the average rent in North Carolina?

According to the most recent data from Zillow, the average rent in North Carolina for December 2019 is $1,395. With an averge apartment size of 1,610 sqft, the average price per square foot in North Carolina is $0.866.

Compared to the national average of $1,650, North Carolina rent costs -15.5% less. Read our analysis of rents by state to see how North Carolina ranks.

Here's a look at how average rents have changed over time:

10 Best Places To Raise A Family In North Carolina

How Does North Carolina Rent Compare To The Rest Of The Country?

StatisticNCUSA% Difference
Average Rent $1,395$1,650 -15.5%
Average $/sqft $0.866$1.143 -24.2%
M-o-M Change $0$-50 -100.0%
Y-o-Y Change $95$0 inf%
M-o-M % Change 0.0%-2.9% -
Y-o-Y % Change 7.3%0.0% -

Median Rent By Bedrooms In North Carolina

$1,400
Studio
$1,189
1-Bedroom
$1,265
2-Bedroom
$1,395
3-Bedroom
$1,695
4-Bedroom

As you would expect, the median price for rent in North Carolina increases as the number of bedrooms in the unit increases. Studios rent the cheapest in North Carolina clocking in at $1,400, while a four bedroom rental will set you back $1,695 per month.

We think the best deal comes in the form of a two bedroom for $1,265 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $423/room/month.

Read on to find out more or for more on North Carolina check out:

Month Over Month North Carolina Rent Statistics

$0
M-o-M Increase
0.0%
M-o-M Increase

North Carolina has experienced a $0 change in rent over the past month going from $1,395 to $1,395. That change comes out to 0.0%.

For reference, the US national average rent changed $-50 in the past month or -2.9%.

Here's a look at the month over month change for each month since 2010 for North Carolina:

Year Over Year North Carolina Rent Statistics

$95
Y-o-Y Increase
7.3%
Y-o-Y Increase

Over the past year, the average rent in North Carolina changed $95 from $1,300 to $1,395. A change of $95 means that rents changed 7.3% in a year.

That compares to the US national change of $0 in the past year or 0.0%.

Here's a look at the year over year change by month since 2011 for North Carolina:

The 10 Places With The Highest Rent In North Carolina

Population: 6,174
Median Rent: $3,501
More on Marvin: Real Estate | Data

Pinehurst, NC

Population: 15,580
Median Rent: $1,747
More on Pinehurst: Real Estate | Data | Photos

Harrisburg, NC

Population: 14,856
Median Rent: $1,499
More on Harrisburg: Real Estate | Data | Photos

Waxhaw, NC

Population: 13,343
Median Rent: $1,460
More on Waxhaw: Real Estate | Data | Photos

Population: 8,447
Median Rent: $1,442
More on Wesley Chapel: Real Estate | Data

Morrisville, NC
Source: Town of Morrisville

Population: 23,873
Median Rent: $1,350
More on Morrisville: Real Estate | Data | Photos

Population: 14,970
Median Rent: $1,333
More on Stallings: Real Estate | Data

Indian Trail, NC
Source: Public domain

Population: 37,191
Median Rent: $1,319
More on Indian Trail: Real Estate | Data | Photos

Holly Springs, NC

Population: 31,827
Median Rent: $1,312
More on Holly Springs: Real Estate | Data | Photos

Huntersville, NC

Population: 53,302
Median Rent: $1,285
More on Huntersville: Real Estate | Data | Photos

Learn More About Living In North Carolina

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn.

Average Rent By State

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