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Rental Market Trends in Elizabeth City, NC

Updated September 2026

The average rent in Elizabeth City, NC is $1,216/month.

Rent in Elizabeth City is 27% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,216/month

Average Rent

477 Sq Ft

Average Size

-0.4%

Change / Year

40

Available Apartments

Elizabeth City rent varies by unit size and layout:

  • Studio apartments in Elizabeth City average $1,044 per month.
  • One-bedroom apartments in Elizabeth City average $1,216 per month.
  • Two-bedroom apartments in Elizabeth City average $1,492 per month.
  • Three-bedroom apartments in Elizabeth City average $1,470 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,044/month
0 Sq Ft
One Bedroom
$1,216/month
477 Sq Ft
Two Bedroom
$1,492/month
801 Sq Ft
Three Bedroom
$1,470/month
1,275 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,856/month
906 Sq Ft
View Elizabeth City Apartments

How much has average rent changed in Elizabeth City, NC?

In the past year, rent has decreased by 0.4%, which averages out to $4 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Elizabeth City, NC

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Elizabeth City, NC
Percentage*
Rent Range
9% Below $700/month
18% $700 - $1,000/month
36% $1,001 - $1,500/month
36% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Elizabeth City is $1,216, you’ll want to make about $4,053 per month or $48,636 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

Elizabeth City, NC

40 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Elizabeth City, 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 Elizabeth City Area Guide

Apartment Averages

Apartment Communities in Elizabeth City We Think You'll Love

Southgate Manor Apartments

Southgate Manor Apartments

828 Westway Dr,
Elizabeth City, NC 27909

2 Beds | $1,306 - $1,465

Tanglewood Lake

Tanglewood Lake

3895 Waterside Dr,
Elizabeth City, NC 27909

1-3 Beds | $1,425 - $1,900

Coastal Park Townehomes

Coastal Park Townehomes

1870 Weeksville Rd,
Elizabeth City, NC 27909

3-4 Beds | $1,495 - $1,650

Overton Lofts

Overton Lofts

451 N Hughes Blvd,
Elizabeth City, NC 27909

2 Beds | $1,575 - $1,650

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Frequently Asked Questions

What is the average rent in Elizabeth City?

The average rent in Elizabeth City is $1,216 per month, which is 27.0% lower than the national average of $1,665.

What is the average rent for a house in Elizabeth City?

The average rent for a house in Elizabeth City, NC is $1,856 per month.

Are rents going up or down in Elizabeth City?

Rents in Elizabeth City, NC are decreasing, with prices down 0.4% year-over-year and $4 less per month.

What rent range is most common in Elizabeth City?

In Elizabeth City, NC, 36% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States North Carolina Elizabeth City 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 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