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Rental Market Trends in Carrboro, NC

What is the average rent in Carrboro, NC?

$1,151/month

Average Rent

672 Sq Ft

Average Apartment Size

-3.4%

Decrease in the Last Year

As of October 2025, the average rent in Carrboro, NC is $1,151 per month. This is 29% lower than the national average rent of $1,630/month, making renting in Carrboro more affordable than most cities in the US. When you rent an apartment in Carrboro, you can expect to pay about $951 per month for a studio, $1,151 for a one-bedroom apartment, and around $1,355 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,772 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$951/month
595 Sq Ft
One Bedroom
$1,151/month
672 Sq Ft
Two Bedroom
$1,355/month
940 Sq Ft
Three Bedroom
$1,772/month
1,221 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,204/month
246 Sq Ft
Two Bedroom
$1,554/month
433 Sq Ft
Four Bedroom
$2,982/month
1,817 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 Carrboro, NC?

In the past year, rent has decreased by 3.4%, which averages out to $39 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

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

What are the most affordable neighborhoods in Carrboro?

Based on current rent prices, Roses Walk, Berryhill and The Villages are the most affordable neighborhoods in Carrboro.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Roses Walk
$1,223/month
775 Sq Ft
Berryhill
$1,230/month
775 Sq Ft
The Villages
$1,246/month
792 Sq Ft
Downtown Carrboro
$1,261/month
588 Sq Ft
Abbey Court
$1,305/month
652 Sq Ft
Poplar Place
$1,449/month
795 Sq Ft

What are the most expensive neighborhoods in Carrboro?

Based on current rent prices, Poplar Place, Abbey Court and Downtown Carrboro are the most expensive neighborhoods in Carrboro.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Poplar Place
$1,449/month
795 Sq Ft
Abbey Court
$1,305/month
652 Sq Ft
Downtown Carrboro
$1,261/month
588 Sq Ft
The Villages
$1,246/month
792 Sq Ft
Berryhill
$1,230/month
775 Sq Ft
Roses Walk
$1,223/month
775 Sq Ft

Which Carrboro neighborhoods have the most rentals available?

The neighborhoods in Carrboro with the most apartments available are The Villages, Berryhill and Roses Walk .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Villages
$1,246/month
792 Sq Ft
Berryhill
$1,230/month
775 Sq Ft
Roses Walk
$1,223/month
775 Sq Ft
Abbey Court
$1,305/month
652 Sq Ft
Poplar Place
$1,449/month
795 Sq Ft
Downtown Carrboro
$1,261/month
588 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Carrboro is $1,151, you’ll want to make about $3,836 per month or $46,032 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

Carrboro, NC

404 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Carrboro, 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 Carrboro, NC

Apartment Averages

Roses Walk

Carrboro, NC

Poplar Place

Carrboro, NC

Studio
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-
One Bedroom
-
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Two Bedroom
-
-
Three Bedroom
-
-
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Nearby City Rent Trends

  • Chapel Hill Average Rent
  • Hillsborough Average Rent

Apartment communities in Carrboro we think you'll love

Carolina - Students save up to 10%!

Carolina - Students save up to 10%!

401 Hwy 54 Byp,
Carrboro, NC 27510

$1,365 - $2,140

2 Beds

Royal Park - Students save up to 10%!

Royal Park - Students save up to 10%!

501 Highway 54,
Carrboro, NC 27510

$1,030 - $1,945

1-2 Beds

Estes Park

Estes Park

306 Estes Dr,
Carrboro, NC 27510

$1,025 - $1,825

1-2 Beds

Kingswood - Students save up to 10%!

Kingswood - Students save up to 10%!

1105 Highway 54 Bypass,
Chapel Hill, NC 27516

$1,300 - $2,180

1-2 Beds

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United States North Carolina Carrboro 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity