Burlington, NC has a population of 52,813, while the median age is 39. The household income in Burlington, NC is around $39,344. The homeownership rate among the residents is 52%. The median residential property value in Burlington, NC that you should keep in mind is $124,900.
|Number Of Employees||24,641|
|Median Property Value||$124,900|
|Rent Price||Sep||vs Last Month|
|1 bed rentals||$1,056||+36.3%|
|2 bed rentals||$1,250||+7.5%|
|3 bed rentals||$1,560||+60%|
|4+ bed rentals||$2,345||N/A|
Over the Sep 2022, the average rent for an apartment in/near Burlington, NC decreased by 16.1% to $1,291.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 36.3% to $1,056. Pricing for 2-bed apartment also increased by 7.5% and a place of this size will now cost you $1,250. 3-bed apartment rent pricing starts at $1,560, it increased by 60% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,345 for a big-family home.
|Rent Type Price||Sep||vs Last Month|
The median rent for an apartment in Burlington, NC increased by 30.2% to $1,204. Statistics show that house rent price decreased by 44.6% this month making it up to $1,300. An average duplex is now available for $1,358, cause median rent for a duplex remains the same this month. The median rent for a loft did not face significant changes this time, it now still goes for $2,300. The median rent for a townhouse increased by 11.1%, you’ll have to spend around $1,200 to get one.