North Carolina Rental Market Trends
Last updated: April 04, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in North Carolina is $1,544, a 0.62% decrease compared to the previous year, when the average rent was $1,554.
One-bedroom apartments provide 748 square feet for $1,364, balancing privacy and affordability.
Two-beedroom units at $1,566 offer 1,067 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,368 sq ft) for $1,932, suitable for larger households.
Average rent in North Carolina
Last updated: April 04, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,544 | 977 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,364 | 748 sq. ft. |
| 2 Beds | $1,566 | 1,067 sq. ft. |
| 3 Beds | $1,932 | 1,368 sq. ft. |
North Carolina rent trends
What's the typical rent budget in North Carolina?
The largest share of rentals in North Carolina (49%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in North Carolina?
1,408,252 or 34% of the households in North Carolina are renter-occupied while 2,778,672 or 66% are owner-occupied.
How North Carolina Compares to Other States
| State | Average Rent | Average Apartment Size |
|---|---|---|
| Alabama | $1,317 | 991 sq. ft. |
| Arizona | $1,560 | 863 sq. ft. |
| Arkansas | $1,139 | 894 sq. ft. |
| California | $2,628 | 853 sq. ft. |
| Colorado | $1,812 | 876 sq. ft. |
| Connecticut | $2,144 | 897 sq. ft. |
| Delaware | $1,679 | 921 sq. ft. |
| District of Columbia | $2,451 | 747 sq. ft. |
| Florida | $1,966 | 982 sq. ft. |
| Georgia | $1,633 | 1,026 sq. ft. |
| Idaho | $1,658 | 929 sq. ft. |
| Illinois | $2,037 | 839 sq. ft. |
| Indiana | $1,329 | 908 sq. ft. |
| Iowa | $1,232 | 898 sq. ft. |
| Kansas | $1,314 | 909 sq. ft. |
| Kentucky | $1,324 | 932 sq. ft. |
| Louisiana | $1,256 | 924 sq. ft. |
| Maryland | $1,878 | 907 sq. ft. |
| Massachusetts | $2,825 | 881 sq. ft. |
| Michigan | $1,400 | 920 sq. ft. |
| Minnesota | $1,638 | 891 sq. ft. |
| Mississippi | $1,325 | 1,009 sq. ft. |
| Missouri | $1,344 | 900 sq. ft. |
| Montana | $1,697 | 886 sq. ft. |
| Nebraska | $1,350 | 933 sq. ft. |
| Nevada | $1,541 | 909 sq. ft. |
| New Hampshire | $2,148 | 872 sq. ft. |
| New Jersey | $2,412 | 871 sq. ft. |
| New Mexico | $1,393 | 832 sq. ft. |
| New York | $2,385 | 891 sq. ft. |
| North Carolina | $1,544 | 977 sq. ft. |
| North Dakota | $1,167 | 964 sq. ft. |
| Ohio | $1,334 | 900 sq. ft. |
| Oklahoma | $1,063 | 858 sq. ft. |
| Oregon | $1,736 | 845 sq. ft. |
| Pennsylvania | $1,781 | 889 sq. ft. |
| Rhode Island | $2,174 | 919 sq. ft. |
| South Carolina | $1,614 | 1,015 sq. ft. |
| South Dakota | $1,203 | 913 sq. ft. |
| Tennessee | $1,522 | 952 sq. ft. |
| Texas | $1,441 | 892 sq. ft. |
| Utah | $1,610 | 929 sq. ft. |
| Virginia | $1,983 | 924 sq. ft. |
| Washington | $2,026 | 829 sq. ft. |
| Wisconsin | $1,602 | 919 sq. ft. |
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Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all North Carolina apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.