Rental market snapshot for Carrboro, North Carolina

Carrboro, North Carolina Rental Property Market Overview

Carrboro, North Carolina is a vibrant and diverse town located in the heart of the Triangle region. According to the US Census, the population of Carrboro in 2021 was 21,312. The town is known for its thriving arts and music scene, as well as its commitment to sustainability and progressive values. Carrboro is home to a variety of restaurants, shops, and entertainment venues, making it a great place to live and visit.

The average rent for an apartment in Carrboro is $1,669. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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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 $1,550.
  • The cheapest ZIP code in Carrboro is 27510 with an average price of $1,550.

Carrboro ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
127510$1,550

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

Wilson Park is a lush green space located in the heart of a vibrant community. It features a large pond, walking trails, a playground, picnic tables, and plenty of open space for outdoor activities. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is a popular spot for locals to gather and enjoy the outdoors, and it is a great place to take a stroll, have a picnic, or just relax.

Anderson Community Park is a beautiful outdoor space located in the heart of North Carolina. It features a wide variety of activities and amenities, including a playground, walking trails, picnic areas, a disc golf course, and a large pond. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movie screenings. With its lush green spaces and stunning views, Anderson Community Park is the perfect place to relax and enjoy nature.

Anderson Park is a beautiful outdoor space located in the heart of a vibrant town. It features lush green lawns, winding pathways, and a variety of trees and shrubs. The park also has a large pond, a playground, and plenty of benches and picnic tables. Visitors can enjoy a variety of activities such as fishing, bird watching, and walking. The park is a great place to relax and enjoy the fresh air.

Martin Luther King Park is a beautiful outdoor space located in the heart of a vibrant community. It features a large pond, walking trails, a playground, and plenty of open green space for picnics and outdoor activities. The park also has a memorial dedicated to the late civil rights leader, Martin Luther King Jr., and a stage for outdoor concerts and performances. The park is a great place to spend time with family and friends, and is a popular spot for locals and visitors alike.

Brewers Lane Park is a beautiful outdoor space located in the heart of a vibrant town. It features a large pond, a walking trail, and plenty of green space for picnicking and relaxing. The park also has a playground, a basketball court, and a disc golf course. The park is a great place to take a break from the hustle and bustle of the town and enjoy some peace and quiet.

Baldwin Park is a beautiful outdoor space located in Carrboro, North Carolina. It features a large lake, walking trails, and plenty of open space for picnics and other activities. The park also has a playground, a disc golf course, and a dog park. The lake is stocked with fish, making it a great spot for fishing. The park is also home to a variety of wildlife, including ducks, geese, and other birds. In addition, the park hosts a number of events throughout the year, including concerts, festivals, and other special events.

Twin Creeks Park is a scenic outdoor destination located in the heart of North Carolina. It features a variety of recreational activities, including walking trails, a playground, a fishing pond, and a picnic area. The park also offers a variety of wildlife viewing opportunities, including birds, deer, and other animals. The park is also home to a variety of native plants, trees, and shrubs, making it a great spot for nature lovers.

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

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How does Carrboro compare to other cities in North Carolina?

citymedian price
Denver$2,225
Matthews$1,950
Whitsett$1,920
Gastonia$1,790
Chapel Hill$1,772
Wingate$1,705
Kenly$1,650
Fayetteville$1,330
Shelby$995

Average household income in Carrboro area graph - US Census

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The median household income in Carrboro in 2021 was $76,599. This represents a 69.6% change from 2011 when the median was $45,159.

#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%

Neighborhoods in Carrboro

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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.

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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.

As of February , the average rent in Carrboro is $1,669.
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