Residences at the Albemarle Hotel
197 N 2nd St,
Albemarle, NC 28001
1-2 Beds | $1,400 - $2,365
Rental Market Trends in Albemarle, NC
Updated August 2026
The average rent in Albemarle, NC is $1,289/month.
Rent in Albemarle is 22% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,289/month
Average Rent
663 Sq Ft
Average Size
-8.4%
Change / Year
29
Available Apartments
Albemarle rent varies by unit size and layout:
- Studio apartments in Albemarle average per month.
- One-bedroom apartments in Albemarle average $1,289 per month.
- Two-bedroom apartments in Albemarle average $799 per month.
- Three-bedroom apartments in Albemarle average $2,500 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Albemarle, NC?
In the past year, rent has decreased by 8.4%, which averages out to $107 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Albemarle, NC
August 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
20%
Below $700/month
40%
$700 - $1,000/month
20%
$1,001 - $1,500/month
20%
$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 $1,289, you’ll want to make about $4,296 per month or $51,552 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.
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.
View the Albemarle Area GuideApartment Communities in Albemarle We Think You'll Love
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Frequently Asked Questions
What is the average rent in Albemarle?
The average rent in Albemarle is $1,289 per month, which is 22.5% lower than the national average of $1,663.
What is the average rent for a house in Albemarle?
The average rent for a house in Albemarle, NC is $1,570 per month.
Are rents going up or down in Albemarle?
Rents in Albemarle, NC are decreasing, with prices down 8.4% year-over-year and $107 less per month.
What rent range is most common in Albemarle?
In Albemarle, NC, 40% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.