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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Albemarle city, North Carolina?

$880/month 2.8%vs 2023 ($856)

City · Census ACS 5-Year estimates

The median gross rent in Albemarle city, North Carolina is $880/month (±$71), based on Census ACS 5-Year estimates (2024). The median home value is $204,800 (±$19,780), and the median household income is $46,881/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Albemarle city, North Carolina

MetricValue
Median Gross Rent$880
Median Home Value$204,800
Median Household Income$46,881
Total Housing Units6,769
Renter-Occupied Units2,960
Renter-Occupied Share44%
Households Paying 50%+ Income672 households

How does Albemarle city, North Carolina compare?

Median gross rent ranked against all cities in North Carolina.

Higher rent than 41% of cities in North Carolina · 364th of 614

Cheapest: Kenansville town($384)
Priciest: Carolina Meadows CDP($3,501)
#CityValue
1Carolina Meadows CDP$3,501
1Fearrington Village CDP$3,501
3Wesley Chapel village$3,191
… 360 more …
364Albemarle city(you are here)$880
… 247 more …
612Kenansville town$384
613Robbinsville town$364
614Elk Park town$241

More data for Albemarle city, North Carolina

Frequently asked questions

What is the average rent in Albemarle city, North Carolina?

The median gross rent in Albemarle city, North Carolina is $880/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Albemarle city, North Carolina?

The median rent for a 2-bedroom in Albemarle city, North Carolina is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Albemarle city, North Carolina?

The median home value in Albemarle city, North Carolina is $204,800 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Albemarle city are rent-burdened?

In Albemarle city, North Carolina, 672 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Albemarle city, North Carolina?

The median household income in Albemarle city, North Carolina is $46,881/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $880 has a margin of error of ±$71. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.