Median rent for residential apartment in Burlington, NC as of Sept, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
11 Burlington, NC, USA apartments for rent
Burlington
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.
| Population | 52,813 |
| Median Age | 38.7 |
| Poverty Rate | 21% |
| Household Income | $39,344 |
| Number Of Employees | 24,641 |
| Median Property Value | $124,900 |
Housing Trends
How much is an apartment in Burlington, NC, USA
Average rent in Burlington: $1,291 (-16.1%)
| Rent Price | Sep | vs Last Month |
|---|---|---|
| Studio rentals | $1,300 | N/A |
| 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 |
|---|---|---|
| Townhouse rentals | $1,200 | +11.1% |
| Apartment rentals | $1,204 | +30.2% |
| House rentals | $1,300 | -44.6% |
| Duplex rentals | $1,358 | N/A |
| Loft rentals | $2,300 | N/A |
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.