North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Lenoir, NC

As of August 2025, Lenoir's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lenoir's average rent is 31.5% ($496) lower than the North Carolina average of $1,573 and 39.8% ($713) lower than the U.S. average of $1,790.

Average Rent

$1,077

Monthly ChangeMonth Over Month Change

8.3% ($97)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,035	2.3% ($24)	No change
2 Beds	$1,234	2.3% ($28)	No change
3 Beds	$1,586	1.2% ($19)	No change

Nearby Cities	Average Rent	Avg. Rent vs. LenoirAverage Rent vs. Lenoir	Avg. Days on MarketAverage Days on Market
Hickory	$1,164	8.1% ($87)	39 days
Boone	$1,536	42.6% ($459)	39 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Lenoir Rental Market FAQs

Explore rental prices, market trends, and availability in Lenoir, NC.

What is the average rent in Lenoir, NC?

The average rent in Lenoir, NC is $1,077 per month.

What is the rental price range for apartments in Lenoir, NC?

Apartments in Lenoir typically rent for between $725 and $2,062 per month, with an average of $1,077 per month.

What is the average rent for different bedroom sizes in Lenoir, NC?

In Lenoir, the average rent for a 1-bedroom apartment is $1,035 per month, for a 2-bedroom apartment, $1,234 per month, and a 3-bedroom apartment is $1,586 per month.

How do rent prices in Lenoir, NC compare with the national average?

The average rent in Lenoir is 39.8% ($713) lower than the national average of $1,790 per month.

How competitive is the rental market in Lenoir, NC?

The rental market in Lenoir, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Lenoir, NC?

In Lenoir, NC, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Lenoir, NC?

There are currently 3 rental properties available in Lenoir, NC.

Can I afford to rent an apartment in Lenoir, NC?

Based on the current averages, a household would need an annual income of $49,360 to comfortably afford a 2-bedroom apartment in Lenoir.