Rental market snapshot for Carrboro, North Carolina

Carrboro, North Carolina Rental Property Market Overview

The average rent for an apartment in Carrboro is $1,283. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -19.6% over the past year.

Carrboro is a town in Orange County, North Carolina. The population was 19,582 at the 2010 census. It is part of the Chapel Hill-Carrboro Metropolitan Statistical Area. Carrboro is known for its vibrant arts scene and progressive politics. The town is home to the Cat's Cradle, a well-known music venue, and the Carrboro Farmers' Market, the largest farmers' market in the state. Carrboro is also home to the University of North Carolina at Chapel Hill.

Last Updated December 23, 2022

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Average monthly rent graph in Carrboro North Carolina | Cost of Living

  • The most expensive ZIP Code in Carrboro is 27510 with an average price of $1,375
  • The cheapest ZIP Code in Carrboro is 27510 with an average price of $1,240

Carrboro ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
127510$1,375

Live near Carrboro, North Carolina's Top Sights and Attractions

Wilson Park is a beautiful park located in the heart of Carrboro. The park features a large pond, walking trails, a playground, and a picnic area.

Anderson Community Park is a large park with a playground, a basketball court, a picnic shelter, and a walking trail. The park is located on the east side of Carrboro, near the intersection of Main Street and Chapel Hill Road.

Anderson Park is a beautiful park located in the heart of Carrboro. The park features a large pond, walking trails, a playground, and a picnic area.

Martin Luther King Park is a beautiful park located in the heart of Carrboro. The park features a large pond, walking trails, a playground, and a picnic area. The park is also home to a statue of Dr. Martin Luther King, Jr.

Brewers Lane Park is a small park located in the heart of Carrboro. The park features a playground, a picnic shelter, and a small pond. The pond is home to ducks and geese, and is a popular spot for fishing.

Baldwin Park is a beautiful park located in Carrboro, North Carolina. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a pond. Baldwin Park is a great place to spend a day with family and friends.

Twin Creeks Park is a beautiful park located in the heart of Carrboro. The park features two large creeks, a playground, a picnic area, and a walking trail. The park is a great place to relax and enjoy the outdoors.

Carrboro, North Carolina area median rent change by ZIP Code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Carrboro compare to other cities in North Carolina ?

citymedian price
Lexington$1,495
Wilmington$1,794
Winston-salem$1,645
Clayton$1,910
Gibsonville$1,645
Salisbury$1,575
Lewisville$1,515

Average household income in Carrboro area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Carrboro in 2021 was $67,469. This represents a 55.9% change from 2011 when the median was $43,276.

#categorypercent
0Less than $10,0007.9%
1$10,000 to $14,9993.5%
2$15,000 to $19,9993.8%
3$20,000 to $24,9993.7%
4$25,000 to $29,9993.6%
5$30,000 to $34,9995.0%
6$35,000 to $39,9993.6%
7$40,000 to $44,9992.2%
8$45,000 to $49,9992.7%
9$50,000 to $59,99910.0%
10$60,000 to $74,9999.0%
11$75,000 to $99,99916.4%
12$100,000 to $124,9997.3%
13$125,000 to $149,9994.1%
14$150,000 to $199,9997.6%
15$200,000 or more9.6%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
Made withDataherald