Apartments & Homes for Rent in Locust, NC

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What to Know About

Life in Locust & Beyond

Locust shares many of the great qualities that make North Carolina a desirable place to live.

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

Locust, NC

As of May 2025, Locust's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Locust's average rent is 17.3% ($275) higher than the North Carolina average of $1,593 and 4.2% ($75) higher than the U.S. average of $1,793.

Average Rent
$1,868
Monthly ChangeMonth Over Month Change
Decreased0.3% ($6)
Yearly ChangeYear Over Year Change
Increased22.9% ($348)
Avg. Days on MarketAverage Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,513 Increased0.5% ($8) Increased16.8% ($218)
2 Beds $1,785 Decreased0.7% ($13) Increased22.3% ($326)
3 Beds $2,284 Decreased0.3% ($7) Increased22.8% ($424)
Nearby Cities Average Rent Avg. Rent vs. LocustAverage Rent vs. Locust Avg. Days on MarketAverage Days on Market
Oakboro $1,466 Decreased21.5% ($402) 38 days
Midland $2,093 Increased12% ($225) 28 days
Albemarle $903 Decreased51.7% ($965) 40 days
Concord $1,641 Decreased12.2% ($227) 28 days
Harrisburg $1,835 Decreased1.8% ($33) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Locust Rental Market FAQs

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

The average rent in Locust, NC is $1,868 per month.
Homes in Locust typically rent for between $1,059 and $2,969 per month, with an average of $1,868 per month.
In Locust, the average rent for a 1-bedroom home is $1,513 per month, for a 2-bedroom home, $1,785 per month, and a 3-bedroom home is $2,284 per month.
The average rent in Locust is 4.2% ($75) higher than the national average of $1,793 per month.
The average rent in Locust has decreased by 0.3% ($6) in the last month and increased by 22.9% ($348) over the past year.
The rental market in Locust, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Locust, NC, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in Locust, NC.
Based on the current averages, a household would need an annual income of $71,400 to comfortably afford a 2-bedroom home in Locust.
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