Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Orange County, North Carolina?
County · Census ACS 5-Year estimates
The median gross rent in Orange County, North Carolina is $1,496/month (±$41), based on Census ACS 5-Year estimates (2024). The median home value is $459,500 (±$9,735), and the median household income is $90,089/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Orange County, North Carolina and Neighbouring Counties
Housing Metrics for Orange County, North Carolina
| Metric | Value |
|---|---|
| Median Gross Rent | $1,496 |
| Median Home Value | $459,500 |
| Median Household Income | $90,089 |
| Total Housing Units | 57,342 |
| Renter-Occupied Units | 20,736 |
| Renter-Occupied Share | 36% |
| Households Paying 50%+ Income | 6,378 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $1,312 | -16.7% |
| 1 BR | $1,288 | -16.8% |
| 2 BR | $1,515 | -13.6% |
| 3 BR | $1,731 | -15.1% |
| 4 BR | $2,266 | -3.2% |
| 5+ BR | $1,904 | -33.0% |
How does Orange County, North Carolina compare?
Median gross rent ranked against all counties in North Carolina.
Higher rent than 97% of counties in North Carolina · 4th of 100
| # | County | Value |
|---|---|---|
| 1 | Mecklenburg County | $1,627 |
| 2 | Wake County | $1,623 |
| 3 | Durham County | $1,508 |
| 4 | Orange County(you are here) | $1,496 |
| … 93 more … | ||
| 98 | Graham County | $676 |
| 99 | Alleghany County | $675 |
| 100 | Tyrrell County | $644 |
More data for Orange County, North Carolina
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Frequently asked questions
What is the average rent in Orange County, North Carolina?
The median gross rent in Orange County, North Carolina is $1,496/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 Orange County, North Carolina?
The median rent for a 2-bedroom in Orange County, North Carolina is $1,515/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$55. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Orange County, North Carolina?
The median home value in Orange County, North Carolina is $459,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Orange County are rent-burdened?
In Orange County, North Carolina, 6,378 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 Orange County, North Carolina?
The median household income in Orange County, North Carolina is $90,089/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 $1,496 has a margin of error of ±$41. In very small areas, MOEs can be large relative to the estimate.
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