Belmont, North Carolina Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Belmont, North Carolina rental market.

Belmont, North Carolina

Average Apartment Rent

$1,569

Y-o-Y Change in Average
Apartment Rent

-2.6%

As of May 2026

Compared to a year ago, Belmont, North Carolina apartments have recorded a -2.6% rent decrease.

Belmont, North Carolina Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Belmont $1,539 $1,538 $1,598 $1,593 $1,602 $1,588 $1,595 $1,596 $1,568
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Belmont
National
Jul 2023
$1,539
$1,741
Nov 2023
$1,538
$1,732
Mar 2024
$1,598
$1,736
Jul 2024
$1,593
$1,756
Nov 2024
$1,602
$1,749
Mar 2025
$1,588
$1,755
Jul 2025
$1,595
$1,767
Nov 2025
$1,596
$1,753
Mar 2026
$1,568
$1,750

Belmont, North Carolina Average Apartment Rent

Belmont, North Carolina Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 50.41%, apartments priced $1,500 - $2,000 represent the bulk of Belmont, North Carolina rentals, while condos priced Under $1,000 hold the lowest share of the market – 2.06%.

Belmont, North Carolina Housing tenure**

Renter occupied housing units 1,869
Owner occupied housing units 4,180

Renters take up 31% of Belmont, North Carolina real estate, occupying a total of 1,869 units, while homeowners live in 4,180 properties.

Median number of rooms of renter-occupied housing units**

4

Renter median household income**

$50,634

Average household size of renter-occupied housing units**

1.74

Rental vacancy rate**

3.5%

Belmont, North Carolina Renter-occupied housing units by no. of bedrooms**

No bedrooms 60
1 bed 525
2 beds 880
3 beds 384
4 beds 20

There are 880 rentals in Belmont, North Carolina with 2 beds making up the highest share of the market, at 47%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 20 units. Overall, the median number of rooms in Belmont, North Carolina homes for rent is 4.

Belmont, North Carolina Renter-occupied units by age of householder**

15 - 24 years 134
25 - 34 years 405
35 - 44 years 263
45 - 54 years 202
55 - 59 years 241
60 - 64 years 85
65 - 74 years 318
75 - 84 years 165
85 years and over 56

Most condos for rent in Belmont, North Carolina are occupied by residents in the 25 - 34 years age group (22%), followed by those in the 65 - 74 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

Belmont, North Carolina Renter-occupied housing units by family type**

Family households 715
Non-Family Households 1,154

Belmont, North Carolina Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 317
No related children of the householder under 18 1,552

A total of 715 apartments for rent in Belmont, North Carolina, or 38% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 317 units. All in all, the median size of a renter-occupied household in Belmont, North Carolina is 1.74.

Belmont, North Carolina Renter-occupied housing units by educational attainment**

Less than high school graduate 200
High school graduate (including equivalency) 386
Some college or associate's degree 751
Bachelor's degree or higher 532

In terms of education, renters holding bachelor degrees or higher make up 28% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Belmont, North Carolina.

Belmont, North Carolina Renter-occupied units by year structure built**

Built 2020 or later 26
Built 2010 - 2019 554
Built 2000 - 2009 217
Built 1990 - 1999 286
Built 1980 - 1989 93
Built 1970 - 1979 276
Built 1960 - 1969 124
Built 1950 - 1959 41
Built 1940 - 1949 104
Built 1939 or earlier 148

The highest share of Belmont, North Carolina apartment rentals, namely 30% or 554 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (15%, 286 units), and the ones Built 1970 - 1979 (15%, 276 units).

Belmont, North Carolina Renter-occupied units by year householder moved in**

Moved in 2021 or later 179
Moved in 2018 to 2020 793
Moved in 2010 to 2017 676
Moved in 2000 to 2009 179
Moved in 1990 to 1999 42

Median year renter moved into unit 2018

Most Belmont, North Carolina renters (42%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Belmont, North Carolina condos for rent is 2018.

Belmont, North Carolina Renter-occupied housing units by vehicles available**

No vehicle available 138
1 vehicle available 966
2 vehicles available 684
3 or more vehicles available 81

When it comes to transportation options, 52% of Belmont, North Carolina renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 7% have No vehicle available.

Belmont, North Carolina Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,433
Car, truck, or van - carpooled 106
Walked 41
Worked at home 190

Belmont, North Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,417
Moved within same county 370
Moved from different county within same state 392
Moved from different state 57

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Belmont, North Carolina apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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