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Zillow ZORI Data · Updated Monthly

Rental Market in
North Carolina

Median rents, affordability ratios, and city-by-city breakdowns across 9 metro areas.

State Average Rent

$---

-18.1% vs national

Lowest Rent

$---

Greensboro

Highest Rent

$---

Charlotte

Avg Rent-to-Income

---%of annual income

Rent Landscape

Charlotte

$1,705

26% income

Wilmington

$1,670

31% income

Durham

$1,651

25% income

Cary

$1,649

15% income

Raleigh

$1,567

23% income

High Point

$1,469

29% income

Winston-Salem

$1,445

30% income

Fayetteville

$1,426

30% income

Greensboro

$1,382

28% income

<30% Affordable 30-40% Stretched >40% Unaffordable National avg

All Cities

City	Median Rent	Affordability	Population
Charlotte	$1,705	26.1%	911,311
Wilmington	$1,670	31.4%	122,698
Durham	$1,651	25.0%	296,186
Cary	$1,649	15.3%	180,010
Raleigh	$1,567	22.8%	482,295
High Point	$1,469	28.8%	116,926
Winston-Salem	$1,445	30.1%	252,975
Fayetteville	$1,426	30.3%	209,749
Greensboro	$1,382	28.2%	302,296

Affordability Breakdown

Affordable (<30%)6

Stretched (30–40%)3

Unaffordable (>40%)0

Most Affordable

1.Greensboro$1,382 2.Fayetteville$1,426 3.Winston-Salem$1,445 4.High Point$1,469 5.Raleigh$1,567

Most Expensive

1.Charlotte$1,705 2.Wilmington$1,670 3.Durham$1,651 4.Cary$1,649 5.Raleigh$1,567

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Housing Market Cost of Living Salaries

Data Sources & Methodology

Rent Data: According to Zillow ZORI (Zillow Observed Rent Index), the industry standard for median asking rent data.

Income Data: According to U.S. Census Bureau ACS 2023, table B19013 — median household income.

Affordability: Calculated as (Monthly Rent × 12) ÷ Annual Income × 100%. The 30% threshold is the HUD standard.

Updated monthly

Last refresh: Mar 20, 2026

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Rental Market inNorth Carolina

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Rental Market inNorth Carolina

Rental Market in
North Carolina

Rental Market in
North Carolina