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Rental Market Trends in Hickory, NC

What is the average rent in Hickory, NC?

$1,166/month

Average Rent

744 Sq Ft

Average Apartment Size

+3.6%

Increase in the Last Year

As of October 2025, the average rent in Hickory, NC is $1,166 per month. This is 28% lower than the national average rent of $1,630/month, making renting in Hickory more affordable than most cities in the US. When you rent an apartment in Hickory, you can expect to pay about $842 per month for a studio, $1,166 for a one-bedroom apartment, and around $1,375 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,637 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$842/month
481 Sq Ft
One Bedroom
$1,166/month
744 Sq Ft
Two Bedroom
$1,375/month
1,034 Sq Ft
Three Bedroom
$1,637/month
1,304 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,750/month
1,271 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,207/month
589 Sq Ft
Three Bedroom
$1,666/month
1,448 Sq Ft

How much has average rent changed in Hickory, NC?

In the past year, rent has increased by 3.6%, which averages out to $43 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 October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Hickory, NC
Last Updated October 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Hickory, NC
Percentage*
Rent Range
20% Below $700/month
17% $700 - $1,000/month
46% $1,001 - $1,500/month
15% $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 Hickory?

Based on current rent prices, Viewmont and The Estates at Legends" are the most affordable neighborhoods in Hickory.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Viewmont
$1,367/month
723 Sq Ft
The Estates at Legends
$1,522/month
801 Sq Ft

What are the most expensive neighborhoods in Hickory?

Based on current rent prices, The Estates at Legends and Viewmont" are the most expensive neighborhoods in Hickory.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Estates at Legends
$1,522/month
801 Sq Ft
Viewmont
$1,367/month
723 Sq Ft

Which Hickory neighborhoods have the most rentals available?

The neighborhoods in Hickory with the most apartments available are The Estates at Legends and Viewmont" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Estates at Legends
$1,522/month
801 Sq Ft
Viewmont
$1,367/month
723 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Hickory is $1,166, you’ll want to make about $3,886 per month or $46,632 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 Hickory, NC is 6.3% lower than the national average. Generally, housing in Hickory is 13.7% less expensive than the national average, with rent falling between $842 - $1,637. You can expect to pay 2.2% more for groceries, 7.8% less for utilities, and 5.1% less for transportation.

City

Hickory, NC

353 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Hickory, 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 Hickory, NC

Apartment Averages

Viewmont

Hickory, NC

The Estates at Legends

Hickory, NC

Studio
$887/month
-
One Bedroom
$1,000/month
-
Two Bedroom
$1,333/month
-
Three Bedroom
$2,098/month
-
Search
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Nearby City Rent Trends

  • Conover Average Rent

Apartment communities in Hickory we think you'll love

Hickory Trace Village Apartments

Hickory Trace Village Apartments

1250 5th St NE,
Hickory, NC 28601

$929 - $1,349

1-3 Beds

Apartments on 20th

Apartments on 20th

1755 20th Avenue Dr NE,
Hickory, NC 28601

$1,000 - $1,800

1-3 Beds

Redwood Hickory

Redwood Hickory

3062 12th Ave SE,
Hickory, NC 28602

$1,699 - $2,188

2 Beds

Tapestry Rentals

Tapestry Rentals

2102 24th St NE,
Hickory, NC 28601

$1,735

3 Beds

Property Management Companies in Hickory, NC

Lat Purser & Associates, Inc.
Lat Purser & Associates, Inc.
  • 25

    Communities

  • 2,427

    Units

  • 11

    Cities

3 Communities in Hickory
Advanced Precision Group LLC
Advanced Precision Group LLC
  • 69

    Communities

  • 9,261

    Units

  • 53

    Cities

2 Communities in Hickory
Kinley Residential
Kinley Residential
  • 11

    Communities

  • 660

    Units

  • 7

    Cities

2 Communities in Hickory
Cushman & Wakefield
Cushman & Wakefield
  • 523

    Communities

  • 121,744

    Units

  • 264

    Cities

1 Community in Hickory
Redwood Living
Redwood Living
  • 139

    Communities

  • 18,364

    Units

  • 113

    Cities

1 Community in Hickory
Vest Residential
Vest Residential
  • 71

    Communities

  • 16,308

    Units

  • 40

    Cities

1 Community in Hickory
Cornerstone Residential
Cornerstone Residential
  • 79

    Communities

  • 10,477

    Units

  • 38

    Cities

1 Community in Hickory
Lexington Partners
Lexington Partners
  • 20

    Communities

  • 3,240

    Units

  • 13

    Cities

1 Community in Hickory

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United States North Carolina Hickory 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