- North Carolina
- Burlington
- Renter Market Trends
Rental market trends in Burlington, NC
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Average Apartment Cost in Burlington, NC
The average rent for apartments in Burlington, NC, is between $880 and $1,227 in 2024. For a studio apartment in Burlington, NC, the average rent is $880. When it comes to 1-bedroom apartments, the average rent in Burlington, NC, is $1,095. For a 2-bedroom apartment, the average rent is $1,227.
Apartment Rent Ranges in Burlington, NC
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
3% | 9% | 41% | 35% | 12% |
How Other Cities Compare to Burlington, NC
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Research Triangle Park | $1,705 | -- |
| Morrisville | $1,640 | +25% |
| Chapel Hill | $1,634 | -16% |
| Cary | $1,618 | -3% |
| Durham | $1,473 | -7% |
| Apex | $1,422 | -- |
| Raleigh | $1,416 | +3% |
| Carrboro | $1,097 | -7% |
| Winston-Salem | $1,005 | -4% |
| Mebane | $975 | -- |
| Greensboro | $949 | -34% |
| Eden | $787 | +7% |
| High Point | $785 | -- |
| Asheboro | $744 | -33% |
| Danville | $500 | 0% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Research Triangle Park | $2,168 | -- |
| Chapel Hill | $1,737 | -6% |
| Sanford | $1,737 | -- |
| Cary | $1,624 | -3% |
| Apex | $1,525 | +2% |
| Morrisville | $1,505 | -4% |
| Durham | $1,450 | -5% |
| Raleigh | $1,394 | -3% |
| Holly Springs | $1,354 | -- |
| Hillsborough | $1,296 | +3% |
| Carrboro | $1,285 | +3% |
| Mebane | $1,252 | -7% |
| Pittsboro | $1,149 | -- |
| Greensboro | $1,112 | +1% |
| High Point | $1,092 | +7% |
| Winston-Salem | $1,049 | +1% |
| Kernersville | $995 | +5% |
| Graham | $895 | -- |
| Asheboro | $895 | -9% |
| Lexington | $849 | -35% |
| Eden | $849 | -6% |
| Danville | $600 | 0% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Research Triangle Park | $2,698 | -- |
| Chapel Hill | $2,169 | -2% |
| Cary | $1,970 | +13% |
| Morrisville | $1,920 | -1% |
| Apex | $1,889 | +22% |
| Sanford | $1,882 | -- |
| Durham | $1,724 | +4% |
| Raleigh | $1,651 | -4% |
| Holly Springs | $1,579 | -- |
| Mebane | $1,552 | -5% |
| Hillsborough | $1,412 | -2% |
| Kernersville | $1,401 | +19% |
| Carrboro | $1,378 | -1% |
| Greensboro | $1,306 | +7% |
| Asheboro | $1,276 | -2% |
| Pittsboro | $1,249 | -- |
| Thomasville | $1,249 | -- |
| High Point | $1,238 | +7% |
| Eden | $1,235 | 0% |
| Winston-Salem | $1,216 | +2% |
| Graham | $1,050 | 0% |
| Lexington | $999 | -26% |
| Danville | $700 | 0% |
Burlington, NC Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 |
| $865 | $847 | $815 | $868 | $920 | $915 | $915 | $897 | $887 | $880 | $880 | $908 | $935 |
| $1087 | $1075 | $1060 | $1047 | $1030 | $1035 | $1055 | $1063 | $1075 | $1075 | $1095 | $1095 | $1095 |
| $1217 | $1217 | $1200 | $1197 | $1197 | $1175 | $1212 | $1225 | $1252 | $1252 | $1237 | $1210 | $1210 |
| $1395 | $1395 | $1400 | $1375 | $1375 | $1375 | $1425 | $1400 | $1437 | $1437 | $1475 | $1500 | $1500 |
