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Rental Market Trends in Albemarle, NC

What is the average rent in Albemarle, NC?

$1,141/month

Average Rent

663 Sq Ft

Average Apartment Size

+9.1%

Increase in the Last Year

As of March 2026, the average rent in Albemarle, NC is $1,141 per month. This is 30% lower than the national average rent of $1,626/month, making renting in Albemarle more affordable than most cities in the US. When you rent an apartment in Albemarle, you can expect to pay about per month for a studio, $1,141 for a one-bedroom apartment, and around $796 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,887 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,141/month
663 Sq Ft
Two Bedroom
$796/month
823 Sq Ft
Three Bedroom
$2,887/month
1,634 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,650/month
1,145 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Albemarle, NC?

In the past year, rent has increased by 9.1%, which averages out to $105 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Albemarle, NC
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Albemarle, NC
Percentage*
Rent Range
20% Below $700/month
60% $700 - $1,000/month
20% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Albemarle, NC?

Because the average rent in Albemarle is $1,141, you’ll want to make about $3,803 per month or $45,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Albemarle, NC

29 Available Apartments for Rent

Search for Nearby Apartments

How does Albemarle, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Albemarle, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Albemarle, NC

Apartment Averages

Nearby City Rent Trends

  • Mount Pleasant Average Rent

Apartment communities in Albemarle we think you'll love

121 Heath Street

121 Heath Street

121 Heath St,
Albemarle, NC 28001

$945

1 Bed

197 N 2nd St

197 N 2nd St

197 N 2nd St,
Albemarle, NC 28001

$1,975 Total Monthly Price

2 Beds

40915 Deer Haven Dr

40915 Deer Haven Dr

40915 Deer Haven Dr,
Albemarle, NC 28001

$1,800 Total Monthly Price

3 Beds

627 Colston St

627 Colston St

627 Colston St,
Albemarle, NC 28001

$1,200 Total Monthly Price

2 Beds

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United States North Carolina Albemarle Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

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Equal Housing Opportunity