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Rental Market Trends in Burlington, NC

What is the average rent in Burlington, NC?

$1,171/month

Average Rent

718 Sq Ft

Average Apartment Size

+2.8%

Increase in the Last Year

As of April 2026, the average rent in Burlington, NC is $1,171 per month. This is 29% lower than the national average rent of $1,641/month, making renting in Burlington more affordable than most cities in the US. When you rent an apartment in Burlington, you can expect to pay about $846 per month for a studio, $1,171 for a one-bedroom apartment, and around $1,330 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,592 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$846/month
328 Sq Ft
One Bedroom
$1,171/month
718 Sq Ft
Two Bedroom
$1,330/month
1,006 Sq Ft
Three Bedroom
$1,592/month
1,315 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,003/month
408 Sq Ft
Two Bedroom
$1,346/month
666 Sq Ft
Three Bedroom
$1,815/month
1,283 Sq Ft
Four Bedroom
$2,311/month
2,534 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,653/month
582 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,758/month
1,297 Sq Ft

How much has average rent changed in Burlington, NC?

In the past year, rent has increased by 2.8%, which averages out to $33 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Burlington, NC
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Burlington, NC
Percentage*
Rent Range
7% Below $700/month
16% $700 - $1,000/month
64% $1,001 - $1,500/month
11% $1,501 - $2,000/month
2% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Burlington?

Based on current rent prices, North Burlington and Downtown Burlington" are the most affordable neighborhoods in Burlington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Burlington
$1,194/month
668 Sq Ft
Downtown Burlington
$1,315/month
688 Sq Ft

What are the most expensive neighborhoods in Burlington?

Based on current rent prices, Downtown Burlington and North Burlington" are the most expensive neighborhoods in Burlington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Burlington
$1,315/month
688 Sq Ft
North Burlington
$1,194/month
668 Sq Ft

Which Burlington neighborhoods have the most rentals available?

The neighborhoods in Burlington with the most apartments available are Downtown Burlington and North Burlington" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Burlington
$1,315/month
688 Sq Ft
North Burlington
$1,194/month
668 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Burlington is $1,171, you’ll want to make about $3,903 per month or $46,836 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.

Cost of Living

The cost of living in Burlington, NC is 8.8% lower than the national average. Generally, housing in Burlington is 15.0% less expensive than the national average, with rent falling between $846 - $1,592. You can expect to pay 4.6% less for groceries, 11.3% less for utilities, and 5.6% less for transportation.

City

Burlington, NC

1,387 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Burlington, 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 Burlington, NC

Apartment Averages

North Burlington

Burlington, NC

Downtown Burlington

Burlington, NC

Studio
-
$780/month
One Bedroom
$1,012/month
$1,244/month
Two Bedroom
$1,255/month
$1,356/month
Three Bedroom
$1,396/month
$1,857/month
Search
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Nearby City Rent Trends

  • Graham Average Rent

Apartment communities in Burlington we think you'll love

Preston Park Apartments

Preston Park Apartments

2076 Legacy Pk Trl,
Burlington, NC 27215

$1,300 - $1,890 Total Monthly Price

1-3 Beds | 6 Month Lease

198 Milltown Apartments

198 Milltown Apartments

198 Milltown St,
Burlington, NC 27215

$1,386 - $1,758

1-3 Beds

Hawthorne at St. Marks

Hawthorne at St. Marks

1094 Forman Ln,
Burlington, NC 27215

$1,224 - $2,047

1-3 Beds

Legacy at Baldwin Ridge Apartments

Legacy at Baldwin Ridge Apartments

1055 Baldwin Ridge Rd,
Burlington, NC 27217

$1,265 - $1,824

1-3 Beds

Property Management Companies in Burlington, NC

Apartment Dynamics
Apartment Dynamics
  • 48

    Communities

  • 6,797

    Units

  • 25

    Cities

15 Communities in Burlington
Southwood Realty Company
Southwood Realty Company
  • 102

    Communities

  • 24,618

    Units

  • 59

    Cities

4 Communities in Burlington
Bell Partners
Bell Partners
  • 178

    Communities

  • 54,576

    Units

  • 99

    Cities

3 Communities in Burlington
Brown Investment Properties
Brown Investment Properties
  • 13

    Communities

  • 2,211

    Units

  • 11

    Cities

3 Communities in Burlington
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 248

    Communities

  • 59,853

    Units

  • 111

    Cities

2 Communities in Burlington
Carlisle Residential Properties
Carlisle Residential Properties
  • 38

    Communities

  • 5,122

    Units

  • 17

    Cities

2 Communities in Burlington
Fulton Peak Capital LLC
Fulton Peak Capital LLC
  • 19

    Communities

  • 2,264

    Units

  • 14

    Cities

2 Communities in Burlington
Greystar
Greystar
  • 3,486

    Communities

  • 959,009

    Units

  • 891

    Cities

1 Community in Burlington

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United States North Carolina Burlington 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.

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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity