Apartments & Condos for Rent in Lenoir, NC

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What to Know About

Life in Lenoir & Beyond

Lenoir 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

Lenoir, NC

As of April 2025, Lenoir's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lenoir's average rent is 26.3% ($426) lower than the North Carolina average of $1,618 and 33.7% ($607) lower than the U.S. average of $1,799.

Average Rent
$1,192
Monthly ChangeMonth Over Month Change
Decreased4.6% ($57)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,014 Decreased3.9% ($41) No change
2 Beds $1,211 Decreased3% ($38) No change
3 Beds $1,543 Decreased1.2% ($18) No change
Nearby Cities Average Rent Avg. Rent vs. LenoirAverage Rent vs. Lenoir Avg. Days on MarketAverage Days on Market
Morganton $1,253 Increased5.1% ($61) 33 days
Hickory $1,217 Increased2.1% ($25) 39 days
Boone $1,223 Increased2.6% ($31) 39 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lenoir Rental Market FAQs

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

The average rent in Lenoir, NC is $1,192 per month.
Apartments in Lenoir typically rent for between $710 and $2,006 per month, with an average of $1,192 per month.
In Lenoir, the average rent for a 1-bedroom apartment is $1,014 per month, for a 2-bedroom apartment, $1,211 per month, and a 3-bedroom apartment is $1,543 per month.
The average rent in Lenoir is 33.7% ($607) lower than the national average of $1,799 per month.
The rental market in Lenoir, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lenoir, NC, the average rental stays on the market for approximately 35 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 7 rental properties available in Lenoir, NC.
Based on the current averages, a household would need an annual income of $48,440 to comfortably afford a 2-bedroom apartment in Lenoir.
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