Estes Park - Students Save Up To 10%!
306 Estes Dr,
Carrboro, NC 27510
1-2 Beds | $1,120 - $1,895
Rental Market Trends in Carrboro, NC
Updated July 2026
The average rent in Carrboro, NC is $1,194/month.
Rent in Carrboro is 28% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$1,194/month
Average Rent
672 Sq Ft
Average Size
+3.3%
Change / Year
419
Available Apartments
Carrboro rent varies by unit size and layout:
- Studio apartments in Carrboro average $954 per month.
- One-bedroom apartments in Carrboro average $1,194 per month.
- Two-bedroom apartments in Carrboro average $1,322 per month.
- Three-bedroom apartments in Carrboro average $1,723 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Carrboro, NC?
In the past year, rent has increased by 3.3%, which averages out to $40 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Carrboro, NC
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
82%
$1,001 - $1,500/month
14%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Carrboro?
Based on current rent prices, Downtown Carrboro is the most affordable neighborhood in Carrboro.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Carrboro?
Based on current rent prices, Downtown Carrboro is the most expensive neighborhood in Carrboro.
Neighborhood
Average Rent
Average Sq Ft
Which Carrboro neighborhoods have the most rentals available?
The neighborhood in Carrboro with the most apartments available is Downtown Carrboro .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Carrboro, NC?
Because the average rent in Carrboro is $1,194, you’ll want to make about $3,980 per month or $47,760 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 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.
View the Carrboro Area GuideStudio
$932/month
$932/month
One Bedroom
$1,668/month
$1,668/month
Two Bedroom
$2,166/month
$2,166/month
Three Bedroom
$2,062/month
$2,062/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Carrboro We Think You'll Love
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Frequently Asked Questions
What is the average rent in Carrboro?
The average rent in Carrboro is $1,194 per month, which is 28.2% lower than the national average of $1,662.
What is the average rent for a house in Carrboro?
The average rent for a house in Carrboro, NC is $2,410 per month.
What is the average rent for a townhome in Carrboro?
The average rent for a townhome in Carrboro, NC is $1,988 per month.
Are rents going up or down in Carrboro?
Rents in Carrboro, NC are increasing, with prices up 3.3% year-over-year and $40 more per month.
What rent range is most common in Carrboro?
In Carrboro, NC, 82% of apartments fall between $1,001 - $1,500/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.