Average Rent Prices in North Carolina (NC)
$9511
Studio
$1,0001
1BR
$1,1891
2BR
$1,5721
3BR
$1,8801
4BR
As of 2024, the overall average fair market rent for a residential rental property in North Carolina is $1,319. Average rent prices in North Carolina sit slightly below the national average rent of $1,274, in which North Carolina ranks as the 27th highest rent among all 50 states and the 14th lowest rent among all 50 states within the United States. In North Carolina’s large metropolitan areas such as Charlotte, NC, the average rent prices tend to be higher, while alternative areas such as Cary, NC, can provide more affordable options.
North Carolina (NC) National Rent Rankings
27th
Highest Rent Among 50 States
14th
Lowest Rent Among 50 States
Below
The National Rent Average
Average Rent Prices in North Carolina (NC) Visual Chart
Studio
A one-room unit with a private bathroom.
1BR
A unit that has a separate bathroom and a separate bedroom.
2BR
A unit that has two separate and distinct bedrooms.
3BR
A unit that has 3 separate and distinct bedrooms.
4BR
A unit that has 4 separate and distinct bedrooms.
Fair Market Rent
Gross rent estimate for a standard rental unit in a given market.
Average Rent Prices in North Carolina (NC) by Metro Area
| wdt_ID | Metro | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|---|
| 1 | Anson County, NC HUD Metro FMR Area | 751 | 843 | 1.108 | 1.340 | 1.535 |
| 2 | Asheville, NC HUD Metro FMR Area | 1.428 | 1.496 | 1.680 | 2.160 | 2.851 |
| 3 | Brunswick County, NC HUD Metro FMR Area | 951 | 1.008 | 1.132 | 1.595 | 1.921 |
| 4 | Burlington, NC MSA | 828 | 1.043 | 1.215 | 1.523 | 1.713 |
| 5 | Camden County, NC HUD Metro FMR Area | 787 | 789 | 913 | 1.287 | 1.549 |
| 6 | Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area | 1.347 | 1.384 | 1.554 | 1.936 | 2.481 |
| 7 | Craven County, NC HUD Metro FMR Area | 928 | 935 | 1.228 | 1.660 | 2.084 |
| 8 | Davidson County, NC HUD Metro FMR Area | 768 | 773 | 954 | 1.264 | 1.557 |
| 9 | Durham-Chapel Hill, NC HUD Metro FMR Area | 1.385 | 1.418 | 1.631 | 2.051 | 2.510 |
| 10 | Fayetteville, NC HUD Metro FMR Area | 1.120 | 1.120 | 1.292 | 1.759 | 2.193 |
| 11 | Gates County, NC HUD Metro FMR Area | 905 | 908 | 1.050 | 1.431 | 1.781 |
| 12 | Goldsboro, NC MSA | 826 | 831 | 1.092 | 1.358 | 1.824 |
| 13 | Granville County, NC HUD Metro FMR Area | 1.013 | 1.040 | 1.168 | 1.579 | 1.739 |
| 14 | Greensboro-High Point, NC HUD Metro FMR Area | 1.011 | 1.042 | 1.170 | 1.493 | 1.680 |
| 15 | Greenville, NC MSA | 925 | 931 | 1.155 | 1.570 | 1.960 |
| 16 | Harnett County, NC HUD Metro FMR Area | 851 | 857 | 1.126 | 1.587 | 1.911 |
| 17 | Haywood County, NC HUD Metro FMR Area | 1.068 | 1.102 | 1.237 | 1.496 | 1.692 |
| 18 | Hickory-Lenoir-Morganton, NC MSA | 806 | 834 | 1.014 | 1.314 | 1.506 |
| 19 | Hoke County, NC HUD Metro FMR Area | 793 | 798 | 1.049 | 1.478 | 1.780 |
| 20 | Iredell County, NC HUD Metro FMR Area | 1.046 | 1.075 | 1.207 | 1.652 | 2.048 |
| 21 | Jacksonville, NC MSA | 904 | 1.030 | 1.274 | 1.795 | 2.162 |
| 22 | Jones County, NC HUD Metro FMR Area | 670 | 674 | 856 | 1.206 | 1.230 |
| 23 | Lincoln County, NC HUD Metro FMR Area | 944 | 970 | 1.089 | 1.436 | 1.450 |
| 24 | Pamlico County, NC HUD Metro FMR Area | 860 | 866 | 1.138 | 1.376 | 1.578 |
| 25 | Pender County, NC HUD Metro FMR Area | 752 | 988 | 1.109 | 1.563 | 1.816 |
| 26 | Person County, NC HUD Metro FMR Area | 718 | 722 | 949 | 1.337 | 1.365 |
| 27 | Raleigh, NC MSA | 1.427 | 1.466 | 1.646 | 2.035 | 2.711 |
| 28 | Rockingham County, NC HUD Metro FMR Area | 633 | 719 | 934 | 1.198 | 1.360 |
| 29 | Rocky Mount, NC MSA | 825 | 830 | 1.035 | 1.395 | 1.579 |
| 30 | Rowan County, NC HUD Metro FMR Area | 925 | 931 | 1.121 | 1.483 | 1.702 |
| 31 | Virginia Beach-Norfolk-Newport News, HUD Metro FMR Area | 1.297 | 1.287 | 1.493 | 2.079 | 2.532 |
| 32 | Wilmington, NC HUD Metro FMR Area | 1.027 | 1.349 | 1.515 | 2.002 | 2.561 |
| 33 | Winston-Salem, NC HUD Metro FMR Area | 897 | 936 | 1.110 | 1.452 | 1.671 |
| Metro | Studio | 1BR | 2BR | 3BR | 4BR |
Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2024.
North Carolina (NC) Residential Rental Agreements
A North Carolina (NC) residential lease agreement is a rental property document that includes the terms and conditions between a landlord who rents the property and the tenant in the state of North Carolina. The contract outlines essential information, such as rent amount, applicable late fees, grace periods, and landlord-tenant responsibilities.
Average Rent Prices in Other US States 2024
Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:
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1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.
Methodology
Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.
Data
Rent prices are based on aggregated data from one and/or several sources noted below:
Disclaimer
The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.