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Rental Market Trends in Albemarle, NC

What is the average rent in Albemarle, NC?

$1,043/month

Average Rent

663 Sq Ft

Average Apartment Size

+2.1%

Increase in the Last Year

As of September 2025, the average rent in Albemarle, NC is $1,043 per month. This is 36% lower than the national average rent of $1,640/month, making renting in Albemarle more affordable than most cities in the US. When you rent an apartment in Albemarle, you can expect to pay about per month for a studio, $1,043 for a one-bedroom apartment, and around $809 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,612 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,043/month
663 Sq Ft
Two Bedroom
$809/month
374 Sq Ft
Three Bedroom
$2,612/month
1,634 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,295/month
818 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,387/month
687 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Albemarle, NC?

In the past year, rent has increased by 2.1%, which averages out to $23 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Albemarle, NC
Last Updated September 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Albemarle, NC
Percentage*
Rent Range
33% Below $700/month
33% $700 - $1,000/month
33% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Albemarle, NC?

Because the average rent in Albemarle is $1,043, you’ll want to make about $3,476 per month or $41,712 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Albemarle, NC

30 Available Apartments for Rent

Search for Nearby Apartments

How does Albemarle, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Albemarle, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Albemarle, NC

Apartment Averages

Nearby City Rent Trends

  • Mount Pleasant Average Rent

Apartment communities in Albemarle we think you'll love

121 Heath Street

121 Heath Street

121 Heath St,
Albemarle, NC 28001

$895

1 Bed

103 N 1st St

103 N 1st St

103 N 1st St,
Albemarle, NC 28001

$2,250

2 Beds

1030 Martin Luther King Jr Dr

1030 Martin Luther King Jr Dr

1030 Martin Luther King Jr Dr,
Albemarle, NC 28001

$1,350

2 Beds

197 N 2nd St

197 N 2nd St

197 N 2nd St,
Albemarle, NC 28001

$1,895

2 Beds

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United States North Carolina Albemarle Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity