Lakewood I and II Apartment Homes
50 Lakewood Dr,
Salisbury, NC 28147
$850 - $1,838
Studio - 3 Beds
$1,149/month
Average Rent
743 Sq Ft
Average Apartment Size
-0.1%
Decrease in the Last Year
As of January 2026, the average rent in Salisbury, NC is $1,149 per month. This is 29% lower than the national average rent of $1,624/month, making renting in Salisbury more affordable than most cities in the US. When you rent an apartment in Salisbury, you can expect to pay about $853 per month for a studio, $1,149 for a one-bedroom apartment, and around $1,212 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,435 or more.
In the past year, rent has decreased by 0.1%, which averages out to $1 less per month.
Because the average rent in Salisbury is $1,149, you’ll want to make about $3,830 per month or $45,960 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.
The cost of living in Salisbury, NC is 8.7% lower than the national average. Generally, housing in Salisbury is 23.3% less expensive than the national average, with rent falling between $853 - $1,435. You can expect to pay 3.6% less for groceries, 5.8% more for utilities, and 4.7% less for transportation.
Use the tool below to compare Salisbury, 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.
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† 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 November 2025.
* Percentages may not total 100 due to rounding.