Greater Half Moon, 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 Greater Half Moon, North Carolina rental market.

Greater Half Moon, North Carolina

Average Apartment Rent

$954

Y-o-Y Change in Average
Apartment Rent

-0.1%

As of May 2026

Compared to a year ago, Greater Half Moon, North Carolina apartments have recorded a -0.1% rent decrease.

Greater Half Moon, 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
Half Moon $891 $896 $885 $901 $904 $969 $953 $968 $959
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Half Moon
National
Jul 2023
$891
$1,741
Nov 2023
$896
$1,732
Mar 2024
$885
$1,736
Jul 2024
$901
$1,756
Nov 2024
$904
$1,749
Mar 2025
$969
$1,755
Jul 2025
$953
$1,767
Nov 2025
$968
$1,753
Mar 2026
$959
$1,750

Greater Half Moon, North Carolina Average Apartment Rent

Greater Half Moon, 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 72.51%, apartments priced Under $1,000 represent the bulk of Greater Half Moon, North Carolina rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 27.49%.

Greater Half Moon, North Carolina Housing tenure**

Renter occupied housing units 951
Owner occupied housing units 2,014

Renters take up 32% of Greater Half Moon, North Carolina real estate, occupying a total of 951 units, while homeowners live in 2,014 properties.

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

4.7

Renter median household income**

$57,721

Average household size of renter-occupied housing units**

2.7

Rental vacancy rate**

1.3%

Greater Half Moon, North Carolina Renter-occupied housing units by no. of bedrooms**

1 bed 108
2 beds 388
3 beds 305
4 beds 150

There are 388 rentals in Greater Half Moon, North Carolina with 2 beds making up the highest share of the market, at 41%. Units with 1 bed, on the other hand, hold the lowest percentage (11%), amounting to 108 units. Overall, the median number of rooms in Greater Half Moon, North Carolina homes for rent is 4.7.

Greater Half Moon, North Carolina Renter-occupied units by age of householder**

15 - 24 years 389
25 - 34 years 220
35 - 44 years 93
45 - 54 years 110
60 - 64 years 56
65 - 74 years 56
75 - 84 years 27

Most condos for rent in Greater Half Moon, North Carolina are occupied by residents in the 15 - 24 years age group (41%), followed by those in the 25 - 34 years age group (23%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.

Greater Half Moon, North Carolina Renter-occupied housing units by family type**

Family households 676
Non-Family Households 275

Greater Half Moon, North Carolina Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 418
No related children of the householder under 18 533

A total of 676 apartments for rent in Greater Half Moon, North Carolina, or 71% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 418 units. All in all, the median size of a renter-occupied household in Greater Half Moon, North Carolina is 2.7.

Greater Half Moon, North Carolina Renter-occupied housing units by educational attainment**

Less than high school graduate 27
High school graduate (including equivalency) 430
Some college or associate's degree 403
Bachelor's degree or higher 91

In terms of education, renters holding bachelor degrees or higher make up 10% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Greater Half Moon, North Carolina.

Greater Half Moon, North Carolina Renter-occupied units by year structure built**

Built 2010 - 2019 90
Built 2000 - 2009 43
Built 1990 - 1999 382
Built 1980 - 1989 325
Built 1970 - 1979 39
Built 1960 - 1969 72

The highest share of Greater Half Moon, North Carolina apartment rentals, namely 40% or 382 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (34%, 325 units), and the ones Built 2010 - 2019 (9%, 90 units).

Greater Half Moon, North Carolina Renter-occupied units by year householder moved in**

Moved in 2021 or later 19
Moved in 2018 to 2020 501
Moved in 2010 to 2017 327
Moved in 2000 to 2009 104

Median year renter moved into unit 2018

Most Greater Half Moon, North Carolina renters (53%) moved in 2018 to 2020, while only 2% of them moved in 2021 or later. Overall, the median year renters have occupied their Greater Half Moon, North Carolina condos for rent is 2018.

Greater Half Moon, North Carolina Renter-occupied housing units by vehicles available**

No vehicle available 13
1 vehicle available 288
2 vehicles available 471
3 vehicles available 131
5 or more vehicles available 48

When it comes to transportation options, 50% of Greater Half Moon, North Carolina renters have 2 vehicles available per household, 30% of them have 1 vehicle available, and 14% have 3 vehicles available.

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

Car, truck, or van - drove alone 839
Car, truck, or van - carpooled 323
Taxicab, motorcycle, bicycle, or other means 66
Worked at home 33

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

Same house as 1 year ago 1,823
Moved within same county 167
Moved from different county within same state 117
Moved from different state 344

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 Greater Half Moon, 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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