Homes for Rent in North Carolina

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What to Know About

Living in North Carolina

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

North Carolina

As of May 2025, North Carolina's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. North Carolina's average rent is 11.2% ($200) lower than the U.S. average of $1,793.

Average Rent
$1,593
Monthly ChangeMonth Over Month Change
Decreased1.5% ($25)
Yearly ChangeYear Over Year Change
Decreased7.4% ($128)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,257 Increased1.6% ($20) Decreased3.3% ($43)
2 Beds $1,483 Increased0.3% ($5) Increased0.6% ($9)
3 Beds $1,897 Increased0.7% ($14) Decreased3.9% ($77)
Top Markets in North Carolina Average Rent Avg. Rent vs. NCAverage Rent vs. North Carolina Avg. Days on MarketAverage Days on Market
Charlotte $2,005 Increased25.9% ($412) 28 days
Raleigh $1,628 Increased2.2% ($35) 28 days
Durham $1,665 Increased4.5% ($72) 29 days
Winston Salem $1,336 Decreased16.1% ($257) 31 days
Wilmington $1,768 Increased11% ($175) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
North Carolina Rental Market FAQs

Explore rental prices, market trends, and availability in North Carolina.

The average rent in North Carolina is $1,593 per month.
Homes in North Carolina typically rent for between $880 and $2,466 per month, with an average of $1,593 per month.
In North Carolina, the average rent for a 1-bedroom home is $1,257 per month, for a 2-bedroom home, $1,483 per month, and a 3-bedroom home is $1,897 per month.
The average rent in North Carolina is 11.2% ($200) lower than the national average of $1,793 per month.
The average rent in North Carolina has decreased by 1.5% ($25) in the last month and decreased by 7.4% ($128) over the past year.
The rental market in North Carolina, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In North Carolina, 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.
Based on the current averages, a household would need an annual income of $59,320 to comfortably afford a 2-bedroom home in North Carolina.
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