North Carolina events › Living › Rent and Home Prices
Median gross rent in North Carolina’s 22 places of 50,000 people or more runs from $957 a month in Rocky Mount to $1,902 in Apex, and median home values run from $165,700 in Rocky Mount to $613,700 in Chapel Hill (Census ACS 2020-2024).
- Places2250,000+ people
- Lowest Rent$957Rocky Mount
- Highest Rent$1,902Apex
- State Median Rent$1,228a month
Rent, Home Value and Income by City
| City | Population | Renter Households (Derived) | Median Gross Rent | Median Rent as Share of Income | Median Home Value | Median Household Income | Home Value / Income (Derived) |
|---|---|---|---|---|---|---|---|
| Charlotte | 903,844 | 49% | $1,612 ±16 | 29.9% | $385,700 ±4,266 | $82,068 ±1,299 | 4.7 |
| Raleigh | 481,031 | 49% | $1,572 ±23 | 30.9% | $415,800 ±7,720 | $85,395 ±2,159 | 4.9 |
| Greensboro | 301,198 | 50% | $1,172 ±15 | 32.4% | $244,800 ±5,734 | $61,515 ±1,510 | 4.0 |
| Durham | 291,467 | 48% | $1,508 ±31 | 29.4% | $392,800 ±6,855 | $81,619 ±2,203 | 4.8 |
| Winston-Salem | 252,037 | 44% | $1,087 ±22 | 30.4% | $233,800 ±5,817 | $59,268 ±1,883 | 3.9 |
| Fayetteville | 210,815 | 53% | $1,250 ±17 | 31.4% | $188,000 ±3,869 | $58,407 ±1,606 | 3.2 |
| Cary | 179,306 | 33% | $1,738 ±30 | 24.9% | $580,200 ±11,119 | $134,905 ±3,712 | 4.3 |
| Wilmington | 120,805 | 52% | $1,395 ±37 | 33.7% | $383,800 ±11,075 | $66,738 ±2,914 | 5.8 |
| High Point | 116,245 | 42% | $1,116 ±34 | 28.0% | $235,800 ±8,543 | $64,561 ±4,028 | 3.7 |
| Concord | 108,719 | 35% | $1,451 ±63 | 31.0% | $353,700 ±9,511 | $86,921 ±4,284 | 4.1 |
| Asheville | 94,535 | 48% | $1,402 ±60 | 31.7% | $440,000 ±13,277 | $71,102 ±3,950 | 6.2 |
| Greenville | 92,857 | 67% | $1,007 ±31 | 31.6% | $233,500 ±10,329 | $49,748 ±2,864 | 4.7 |
| Gastonia | 82,884 | 46% | $1,204 ±30 | 31.7% | $277,600 ±8,325 | $64,059 ±3,551 | 4.3 |
| Jacksonville | 71,279 | 61% | $1,321 ±36 | 32.6% | $210,100 ±11,451 | $57,697 ±4,961 | 3.6 |
| Apex | 70,630 | 23% | $1,902 ±59 | 27.3% | $576,100 ±15,002 | $144,135 ±9,485 | 4.0 |
| Huntersville | 63,969 | 28% | $1,834 ±62 | 27.7% | $472,900 ±9,904 | $120,516 ±4,168 | 3.9 |
| Chapel Hill | 61,607 | 53% | $1,613 ±56 | 36.0% | $613,700 ±21,263 | $85,989 ±5,527 | 7.1 |
| Burlington | 59,610 | 46% | $1,051 ±38 | 28.4% | $199,200 ±14,449 | $56,880 ±5,084 | 3.5 |
| Kannapolis | 57,890 | 34% | $1,319 ±67 | 29.5% | $276,400 ±13,177 | $73,836 ±4,039 | 3.7 |
| Rocky Mount | 54,297 | 51% | $957 ±30 | 26.4% | $165,700 ±7,781 | $55,534 ±2,420 | 3.0 |
| Wake Forest | 52,844 | 26% | $1,596 ±105 | 27.7% | $474,500 ±13,300 | $123,802 ±6,456 | 3.8 |
| Mooresville | 52,381 | 42% | $1,626 ±62 | 27.3% | $390,900 ±17,944 | $89,647 ±3,728 | 4.4 |
Each ACS figure is an estimate with a 90 percent margin of error, shown as ± beside it. Derived columns are our arithmetic: renter households = renter-occupied / all occupied homes (table B25003); home value / income = median home value divided by median household income. Place figures describe the city limits, not the metro.
Frequently Asked Questions
What does median gross rent include?
The Census counts rent plus the estimated monthly cost of utilities and fuel the renter pays, for renter-occupied homes that pay cash rent.
Why is a town I know missing?
The table lists places of 50,000 people or more. The full list of North Carolina places is in the Census file linked below.
Can I use this to compare listings?
These are medians for everyone in a city, over five years. Asking prices today can differ a lot; use them for a first comparison only.
What We Could Not Confirm
- Census does not publish a rent figure for every place; a dash means no estimate in the file.
- We have no current asking-rent or listing data and do not estimate any.
Sources
- Census Bureau ACS 2020-2024 5-year, B01003 total population
- Census Bureau ACS, B19013 median household income
- Census Bureau ACS, B25064 median gross rent
- Census Bureau ACS, B25077 median home value
- Census Bureau ACS, B25003 tenure (owner and renter households)
- Census Bureau ACS, B25071 rent as a share of income
Read on October 27, 2026. Each ACS figure is an estimate with a 90 percent margin of error, shown as ± beside it. How we check: editorial standards; spot a mistake? Tell us.
Cite this page: It's North Carolina, “Rent and Home Prices in North Carolina by City”, itsnorthcarolina.com/living/rent-and-home-prices-by-city/ (updated ). By the It's North Carolina editorial team. Free to quote with attribution and a link to this page; data and tables are licensed CC BY 4.0.