Rental Market Trends in North Carolina
Updated July 2026
$1,362/month
Average Rent
-0.8%
Decrease in the Last Year
-$11
Average Price Decrease
Ranked 24th
Least Expensive Rent by State
84,746
Available Rentals
Rocky Mount, NC
City with the Lowest Rent
What is the average rent in North Carolina?
As of July 2026, the average rent in North Carolina is $1,362/month. When you rent an apartment in North Carolina, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $1,314 per month for a studio, $1,362 for a one-bedroom apartment, and around $1,555 for a two-bedroom apartment in North Carolina. If you opt for a three-bedroom rental, you could pay $1,926 or more.
Rent by City
What are the most affordable cities in North Carolina?
Based on current rent prices, the cheapest cities in North Carolina to live are Rocky Mount, Greenville and Fayetteville.
What are the most expensive cities in North Carolina?
Based on current rent prices, the most expensive cities in North Carolina to live are Chapel Hill, Huntersville and Charlotte.
Nearby State Markets
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Methodology
† 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.
State graphics provided by ProPublica
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