Apartments & Homes for Rent in Albemarle, NC

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What to Know About

Life in Albemarle & Beyond

Albemarle shares many of the great qualities that make North Carolina a desirable place to live.

North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Albemarle, NC

As of April 2025, Albemarle's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Albemarle's average rent is 21.3% ($344) lower than the North Carolina average of $1,618 and 29.2% ($525) lower than the U.S. average of $1,799.

Average Rent
$1,274
Monthly ChangeMonth Over Month Change
Decreased8.1% ($112)
Yearly ChangeYear Over Year Change
Decreased22.1% ($362)
Avg. Days on MarketAverage Days on Market
40
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $899 Decreased30.9% ($402) Decreased41.7% ($642)
2 Beds $1,074 Decreased30.3% ($466) Decreased38.1% ($662)
3 Beds $1,368 Decreased28.9% ($556) Decreased38.2% ($846)
Nearby Cities Average Rent Avg. Rent vs. AlbemarleAverage Rent vs. Albemarle Avg. Days on MarketAverage Days on Market
Oakboro $1,466 Increased15.1% ($192) 38 days
Locust $1,874 Increased47.1% ($600) 38 days
Midland $2,048 Increased60.8% ($774) 28 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Albemarle Rental Market FAQs

Explore rental prices, market trends, and availability in Albemarle, NC.

The average rent in Albemarle, NC is $1,274 per month.
Homes in Albemarle typically rent for between $629 and $1,778 per month, with an average of $1,274 per month.
In Albemarle, the average rent for a 1-bedroom home is $899 per month, for a 2-bedroom home, $1,074 per month, and a 3-bedroom home is $1,368 per month.
The average rent in Albemarle is 29.2% ($525) lower than the national average of $1,799 per month.
The average rent in Albemarle has decreased by 8.1% ($112) in the last month and decreased by 22.1% ($362) over the past year.
The rental market in Albemarle, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Albemarle, NC, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 4 rental properties available in Albemarle, NC.
Based on the current averages, a household would need an annual income of $42,960 to comfortably afford a 2-bedroom home in Albemarle.
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