Rental market snapshot for Locust, North Carolina

Locust, North Carolina Rental Property Market Overview

Locust, North Carolina is a small town located in Stanly County with a population of 4,623 as of 2021, according to the US Census. The town is known for its rural charm and friendly atmosphere, and is home to a variety of local businesses, restaurants, and attractions. Locust is a great place to live and visit, and offers a unique blend of small-town living and modern amenities.

The average rent for an apartment in Locust is $1,902. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 3.0% over the past year.

Last Updated January 31, 2023

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

  • The most expensive ZIP Code in Locust is 28097 with an average price of $1,895
  • The cheapest ZIP Code in Locust is 28097 with an average price of $1,849

Locust ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
128097$1,895

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

Locust Park is a beautiful outdoor area located in Locust, North Carolina. It features a large lake, walking trails, a playground, picnic areas, and a variety of wildlife. The park is a great place to relax and enjoy nature, with plenty of opportunities for fishing, bird watching, and other outdoor activities. The park also hosts a variety of events throughout the year, such as concerts, festivals, and other special events.

Reed Gold Mine State Historic Site is a historic attraction located in Locust, North Carolina. It is the site of the first documented discovery of gold in the United States. Visitors can explore the mine and its tunnels, as well as the museum and visitor center. The museum features exhibits on the history of gold mining in the area, as well as artifacts from the mine. Visitors can also pan for gold in the mine's stream, and take a guided tour of the mine.

The Locust Historical Society And Museum is a charming attraction that celebrates the history of the area. It features a variety of artifacts, documents, and photographs that tell the story of the town's past. Visitors can explore the museum's exhibits, which include a variety of items from the town's early days, such as tools, clothing, furniture, and more. The museum also offers educational programs and events throughout the year, such as lectures, workshops, and special events.

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

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How does Locust compare to other cities in North Carolina ?

citymedian price
Winston-salem$1,545
Ranlo$1,690
Walkertown$1,475
Ayden$1,925
Garner$2,040
Harrisburg$2,000
Selma$1,625
Lewisville$1,515

Average household income in Locust area graph - US Census

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The median household income in Locust in 2021 was $55,684. This represents a -5.2% change from 2011 when the median was $58,719.

#categorypercent
0Less than $10,0002.8%
1$10,000 to $14,9991.9%
2$15,000 to $19,9991.9%
3$20,000 to $24,9998.0%
4$25,000 to $29,9997.6%
5$30,000 to $34,9994.0%
6$35,000 to $39,9997.2%
7$40,000 to $44,9991.6%
8$45,000 to $49,9999.7%
9$50,000 to $59,9998.5%
10$60,000 to $74,99910.6%
11$75,000 to $99,99911.4%
12$100,000 to $124,99916.2%
13$125,000 to $149,9994.2%
14$150,000 to $199,9993.2%
15$200,000 or more1.3%

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.
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