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Rental Market Trends in Colfax, NC

What is the average rent in Colfax, NC?

$1,782/month

Average Rent

1,070 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

As of May 2025, the average rent in Colfax, NC is $1,782 per month. For comparison, the national average rent price in the US is currently $1,625/month, which means Colfax rent prices are 10% higher than the national average. When you rent an apartment in Colfax, you can expect to pay about per month for a studio, $1,782 for a one-bedroom apartment, and around $1,952 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,162 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,782/month
1,070 Sq Ft
Two Bedroom
$1,952/month
1,370 Sq Ft
Three Bedroom
$2,162/month
1,690 Sq Ft
Floor Plan Type
Average Rent
Average 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 Colfax, NC?

In the past year, rent has increased by 2.4%, which averages out to $44 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Colfax, NC
Last Updated May 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Colfax, NC
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Colfax?

Based on current rent prices, Quail Creek and River Landing at Sandy Ridge" are the most affordable neighborhoods in Colfax.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Quail Creek
$1,333/month
927 Sq Ft
River Landing at Sandy Ridge
$1,397/month
979 Sq Ft

What are the most expensive neighborhoods in Colfax?

Based on current rent prices, River Landing at Sandy Ridge and Quail Creek" are the most expensive neighborhoods in Colfax.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
River Landing at Sandy Ridge
$1,397/month
979 Sq Ft
Quail Creek
$1,333/month
927 Sq Ft

Which Colfax neighborhoods have the most rentals available?

The neighborhoods in Colfax with the most apartments available are Quail Creek and River Landing at Sandy Ridge" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Quail Creek
$1,333/month
927 Sq Ft
River Landing at Sandy Ridge
$1,397/month
979 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Colfax is $1,782, you’ll want to make about $5,940 per month or $71,280 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

Colfax, NC

36 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Colfax, 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.

Apartment Averages

Quail Creek

Colfax, NC

River Landing at Sandy Ridge

Colfax, NC

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

  • Kernersville Average Rent
  • High Point Average Rent
  • Jamestown Average Rent
  • Greensboro Average Rent

Apartment communities in Colfax we think you'll love

The Landing at Westmott

The Landing at Westmott

4750 Meadow Landing Dr,
Colfax, NC 27235

Studio - 3 Beds | $1,000 - $2,275

8303 Burchlawn Ct

8303 Burchlawn Ct

8303 Burchlawn Ct,
Colfax, NC 27235

3 Beds | $2,215

8302 Burchlawn Ct

8302 Burchlawn Ct

8302 Burchlawn Ct,
Colfax, NC 27235

3 Beds | $2,100

4012 Ballard Farm Rd

4012 Ballard Farm Rd

4012 Ballard Farm Rd,
Colfax, NC 27235

4 Beds | $2,275

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United States North Carolina Colfax 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity