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Rental Market Trends in North Carolina

$1,364/month

Average Rent

-0.7%

Decrease in the Last Year

-$10

Average Price Decrease

Ranked 24th

Least Expensive Rent by State

73,583

Available Rentals

Rocky Mount, NC

City with the Lowest Rent

What is the average rent in North Carolina?

As of September 2026, the average rent in North Carolina is $1,364/month. When you rent an apartment in North Carolina, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $1,311 per month for a studio, $1,364 for a one-bedroom apartment, and around $1,558 for a two-bedroom apartment in North Carolina. If you opt for a three-bedroom rental, you could pay $1,933 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,311/month
534 Sq Ft
One Bedroom
$1,364/month
745 Sq Ft
Two Bedroom
$1,558/month
1,057 Sq Ft
Three Bedroom
$1,933/month
1,368 Sq Ft

Rent by City

Last Updated Today
  • Most Affordable
  • Most Expensive

What are the most affordable cities in North Carolina?

Based on current rent prices, the cheapest cities in North Carolina to live are Rocky Mount, Greenville and Fayetteville.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Rocky Mount
$972/month
684 Sq Ft
Greenville
$978/month
691 Sq Ft
Fayetteville
$1,099/month
725 Sq Ft
High Point
$1,121/month
742 Sq Ft
Winston Salem
$1,124/month
702 Sq Ft
Jacksonville
$1,145/month
770 Sq Ft
Greensboro
$1,157/month
735 Sq Ft
Gastonia
$1,160/month
719 Sq Ft
Burlington
$1,170/month
717 Sq Ft
Concord
$1,326/month
709 Sq Ft

What are the most expensive cities in North Carolina?

Based on current rent prices, the most expensive cities in North Carolina to live are Chapel Hill, Huntersville and Cary.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Chapel Hill
$1,537/month
741 Sq Ft
Huntersville
$1,513/month
792 Sq Ft
Cary
$1,480/month
787 Sq Ft
Charlotte
$1,480/month
748 Sq Ft
Apex
$1,453/month
799 Sq Ft
Asheville
$1,449/month
768 Sq Ft
Durham
$1,409/month
731 Sq Ft
Raleigh
$1,393/month
755 Sq Ft
Wilmington
$1,389/month
730 Sq Ft
Kannapolis
$1,366/month
724 Sq Ft
This information is based on data collected by CoStar Group researchers.†

State

North Carolina

73,583 Available Apartments for Rent

Search for Nearby Apartments

Nearby State Markets


Virginia
$1,812/mo. avg.
+0.7% YOY
South Carolina
$1,418/mo. avg.
+1.1% YOY
Tennessee
$1,364/mo. avg.
-0.7% YOY
Georgia
$1,442/mo. avg.
-0.2% YOY

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US Rent Trends North Carolina

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.


State graphics provided by ProPublica    Copyright (c) 2012, ProPublica

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The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity