Apartments & Condos for Rent in North Carolina

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What to Know About

Living in North Carolina

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

North Carolina

As of April 2025, North Carolina's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. North Carolina's average rent is 10.1% ($181) lower than the U.S. average of $1,799.

Average Rent
$1,618
Monthly ChangeMonth Over Month Change
Increased0.7% ($11)
Yearly ChangeYear Over Year Change
Decreased6.4% ($111)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,237 Decreased2% ($25) Decreased5.7% ($75)
2 Beds $1,478 Decreased1.1% ($16) Decreased1.9% ($28)
3 Beds $1,883 Increased0.9% ($16) Decreased4.8% ($94)
Top Markets in North Carolina Average Rent Avg. Rent vs. NCAverage Rent vs. North Carolina Avg. Days on MarketAverage Days on Market
Charlotte $1,943 Increased20.1% ($325) 28 days
Raleigh $1,640 Increased1.4% ($22) 28 days
Durham $1,649 Increased1.9% ($31) 29 days
Winston Salem $1,289 Decreased20.3% ($329) 31 days
Fayetteville $1,229 Decreased24% ($389) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
North Carolina Rental Market FAQs

Explore rental prices, market trends, and availability in North Carolina.

The average rent in North Carolina is $1,618 per month.
Apartments in North Carolina typically rent for between $866 and $2,448 per month, with an average of $1,618 per month.
In North Carolina, the average rent for a 1-bedroom apartment is $1,237 per month, for a 2-bedroom apartment, $1,478 per month, and a 3-bedroom apartment is $1,883 per month.
The average rent in North Carolina is 10.1% ($181) lower than the national average of $1,799 per month.
The average rent in North Carolina has increased by 0.7% ($11) in the last month and decreased by 6.4% ($111) over the past year.
The rental market in North Carolina, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In North Carolina, 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.
Based on the current averages, a household would need an annual income of $59,120 to comfortably afford a 2-bedroom apartment in North Carolina.
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