Rental prices in Providence Estates East, Weddington, NC have decreased by 3.9% over the past year. The average rent moved from $2,026 to $1,946.
Check out the average rent in Weddington.
The national average price of rental apartments is $1,740, while the average monthly rent in Providence Estates East, Weddington, NC is $1,946.
The average monthly rent for an apartment in Providence Estates East, Weddington, NC is around $1,946.
A share of 18% of apartments in Providence Estates East, Weddington, NC have the cheapest rents between $1,001-$1,500. Around 16% of rentals are $2,501-$3,000. Around 41% of Providence Estates East's apartments have monthly rents between $1,501-$2,000. There are 24% of apartments with rents between $2,001-$2,500. A share of 1% of apartment rentals in Weddington are in the > $3,000 range.
The largest share of rentals in Providence Estates East, Weddington, NC (41%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Providence Estates East, Weddington, NC is $1,582.
In Providence Estates East 32% of the housing is rented out compared to 68% of homes are owned, according to the most recent Census Bureau estimates. 19% of Providence Estates East's apartments are found in large buildings of 50 units or more, 55% are located in smaller apartment complexes with less than 50 units, and 25% are single-family rentals.
In total, Providence Estates East, Weddington, NC has 4,684 residents, 2,388 women and 2,295 men, per U.S. Census recent estimates. Statistics show that the median age of Providence Estates East’s population is 39.2.
There is a total of 1,729 households in Providence Estates East, Weddington, NC. Of these, 561 have children and 1,168 are without children. Per Census Bureau’s most current estimates, 1,217 family households and 513 non-family households live in this area. The size of a household in Providence Estates East is 2.69 people, on average. The median household annual income in Providence Estates East equals $108,190, and the monthly housing costs equal $1,616.
According to data from the U.S. Census Bureau, 2% of the population in Providence Estates East, Weddington, NC have no high school education, 25% went to high-school, and 18% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 33% hold a Bachelor Degree, and 17% hold a Graduate Degree.
