Clayton, 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 Clayton, North Carolina rental market.

Clayton, North Carolina

Average Apartment Rent

$1,572

Y-o-Y Change in Average
Apartment Rent

-0.3%

As of May 2026

Compared to a year ago, Clayton, North Carolina apartments have recorded a -0.3% rent decrease.

Clayton, 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
Clayton $1,580 $1,598 $1,603 $1,590 $1,598 $1,593 $1,573 $1,580 $1,579
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Clayton
National
Jul 2023
$1,580
$1,741
Nov 2023
$1,598
$1,732
Mar 2024
$1,603
$1,736
Jul 2024
$1,590
$1,756
Nov 2024
$1,598
$1,749
Mar 2025
$1,593
$1,755
Jul 2025
$1,573
$1,767
Nov 2025
$1,580
$1,753
Mar 2026
$1,579
$1,750

Clayton, North Carolina Average Apartment Rent

Clayton, 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 59.89%, apartments priced $1,500 - $2,000 represent the bulk of Clayton, North Carolina rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.06%.

Clayton, North Carolina Housing tenure**

Renter occupied housing units 3,209
Owner occupied housing units 6,370

Renters take up 34% of Clayton, North Carolina real estate, occupying a total of 3,209 units, while homeowners live in 6,370 properties.

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

4.1

Renter median household income**

$53,945

Average household size of renter-occupied housing units**

2.17

Rental vacancy rate**

2.2%

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

No bedrooms 195
1 bed 672
2 beds 1,483
3 beds 400
4 beds 402
5 or more beds 57

There are 1,483 rentals in Clayton, North Carolina with 2 beds making up the highest share of the market, at 46%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 57 units. Overall, the median number of rooms in Clayton, North Carolina homes for rent is 4.1.

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

15 - 24 years 200
25 - 34 years 834
35 - 44 years 742
45 - 54 years 485
55 - 59 years 86
60 - 64 years 107
65 - 74 years 319
75 - 84 years 408
85 years and over 28

Most condos for rent in Clayton, North Carolina are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 1,536
Non-Family Households 1,673

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

With related children of the householder under 18 956
No related children of the householder under 18 2,253

A total of 1,536 apartments for rent in Clayton, North Carolina, or 48% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 956 units. All in all, the median size of a renter-occupied household in Clayton, North Carolina is 2.17.

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

Less than high school graduate 221
High school graduate (including equivalency) 733
Some college or associate's degree 1,376
Bachelor's degree or higher 879

In terms of education, renters holding bachelor degrees or higher make up 27% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Clayton, North Carolina.

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

Built 2020 or later 19
Built 2010 - 2019 1,400
Built 2000 - 2009 505
Built 1990 - 1999 490
Built 1980 - 1989 256
Built 1970 - 1979 168
Built 1960 - 1969 124
Built 1950 - 1959 64
Built 1940 - 1949 26
Built 1939 or earlier 157

The highest share of Clayton, North Carolina apartment rentals, namely 44% or 1,400 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (16%, 505 units), and the ones Built 1990 - 1999 (15%, 490 units).

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

Moved in 2021 or later 236
Moved in 2018 to 2020 1,495
Moved in 2010 to 2017 1,144
Moved in 2000 to 2009 218
Moved in 1989 or earlier 101

Median year renter moved into unit 2018

Most Clayton, North Carolina renters (47%) moved in 2018 to 2020, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Clayton, North Carolina condos for rent is 2018.

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

No vehicle available 131
1 vehicle available 1,409
2 vehicles available 1,498
3 vehicles available 87
4 vehicles available 66
5 or more vehicles available 18

When it comes to transportation options, 47% of Clayton, North Carolina renters have 2 vehicles available per household, 44% of them have 1 vehicle available, and 4% have No vehicle available.

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

Car, truck, or van - drove alone 2,899
Car, truck, or van - carpooled 685
Taxicab, motorcycle, bicycle, or other means 27
Worked at home 134

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

Same house as 1 year ago 4,994
Moved within same county 679
Moved from different county within same state 654
Moved from different state 490
Moved from abroad 82

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 Clayton, 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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