Biltmore Forest, North Carolina Rental Market Trends
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 Biltmore Forest, North Carolina rental market.
Biltmore Forest, North Carolina
Average Apartment Rent
$1,678
Y-o-Y Change in Average
Apartment Rent
-2.9%
As of May 2026
Compared to a year ago, Biltmore Forest, North Carolina apartments have recorded a -2.9% rent decrease.
Biltmore Forest, North Carolina Average apartment rent trend
Biltmore Forest, North Carolina Average Apartment Rent
Biltmore Forest, North Carolina Apartment rent ranges
At 51.24%, apartments priced $1,500 - $2,000 represent the bulk of Biltmore Forest, North Carolina rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.24%.
Biltmore Forest, North Carolina Housing tenure**
Renters take up 4% of Biltmore Forest, North Carolina real estate, occupying a total of 23 units, while homeowners live in 565 properties.
Median number of rooms of renter-occupied housing units**
7
Renter median household income**
$77,083
Average household size of renter-occupied housing units**
2.17
Biltmore Forest, North Carolina Renter-occupied housing units by no. of bedrooms**
There are 15 rentals in Biltmore Forest, North Carolina with 3 beds making up the highest share of the market, at 65%. Units with 2 beds, on the other hand, hold the lowest percentage (4%), amounting to 1 units. Overall, the median number of rooms in Biltmore Forest, North Carolina homes for rent is 7.
Biltmore Forest, North Carolina Renter-occupied units by age of householder**
Most condos for rent in Biltmore Forest, North Carolina are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 85 years and over age group (17%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Biltmore Forest, North Carolina Renter-occupied housing units by family type**
Biltmore Forest, North Carolina Renter-occupied housing units by the presence of own children**
A total of 20 apartments for rent in Biltmore Forest, North Carolina, or 87% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 7 units. All in all, the median size of a renter-occupied household in Biltmore Forest, North Carolina is 2.17.
Biltmore Forest, North Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 39% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Biltmore Forest, North Carolina.
Biltmore Forest, North Carolina Renter-occupied units by year structure built**
The highest share of Biltmore Forest, North Carolina apartment rentals, namely 43% or 10 units, were Built 1970 - 1979, followed by those Built 1950 - 1959 (30%, 7 units), and the ones Built 1990 - 1999 (17%, 4 units).
Biltmore Forest, North Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2013
Most Biltmore Forest, North Carolina renters (52%) moved in 2010 to 2017, while only 4% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Biltmore Forest, North Carolina condos for rent is 2013.
Biltmore Forest, North Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 91% of Biltmore Forest, North Carolina renters have 2 or more vehicles available per household, while 9% of them have 1 vehicle available.
Biltmore Forest, North Carolina Means of transportation to work of householders living in renter-occupied housing units**
Biltmore Forest, North Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Biltmore Forest, 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
