Davidson, 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 Davidson, North Carolina rental market.

Davidson, North Carolina

Average Apartment Rent

$1,806

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of May 2026

Compared to a year ago, Davidson, North Carolina apartments have recorded a Infinity% rent increase.

Davidson, 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
Davidson $1,679 $1,658 $1,653 $1,615 $1,615 $1,598 $1,868 $1,800 $1,833
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Davidson
National
Jul 2023
$1,679
$1,741
Nov 2023
$1,658
$1,732
Mar 2024
$1,653
$1,736
Jul 2024
$1,615
$1,756
Nov 2024
$1,615
$1,749
Mar 2025
$1,598
$1,755
Jul 2025
$1,868
$1,767
Nov 2025
$1,800
$1,753
Mar 2026
$1,833
$1,750

Davidson, North Carolina Average Apartment Rent

Davidson, 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 38.21%, apartments priced $1,500 - $2,000 represent the bulk of Davidson, North Carolina rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 3.46%.

Davidson, North Carolina Housing tenure**

Renter occupied housing units 1,294
Owner occupied housing units 4,216

Renters take up 23% of Davidson, North Carolina real estate, occupying a total of 1,294 units, while homeowners live in 4,216 properties.

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

4.2

Renter median household income**

$66,782

Average household size of renter-occupied housing units**

1.79

Rental vacancy rate**

14.3%

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

No bedrooms 22
1 bed 322
2 beds 628
3 beds 301
4 beds 21

There are 628 rentals in Davidson, North Carolina with 2 beds making up the highest share of the market, at 49%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 21 units. Overall, the median number of rooms in Davidson, North Carolina homes for rent is 4.2.

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

15 - 24 years 139
25 - 34 years 259
35 - 44 years 141
45 - 54 years 229
55 - 59 years 119
60 - 64 years 110
65 - 74 years 84
75 - 84 years 152
85 years and over 61

Most condos for rent in Davidson, North Carolina are occupied by residents in the 25 - 34 years age group (20%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 5%.

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

Family households 538
Non-Family Households 756

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

With related children of the householder under 18 182
No related children of the householder under 18 1,112

A total of 538 apartments for rent in Davidson, North Carolina, or 42% of all rentals are family households. Additionally, 14% of rental homes include children under the age of 18 – that’s 182 units. All in all, the median size of a renter-occupied household in Davidson, North Carolina is 1.79.

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

Less than high school graduate 107
High school graduate (including equivalency) 242
Some college or associate's degree 239
Bachelor's degree or higher 706

In terms of education, renters holding bachelor degrees or higher make up 55% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Davidson, North Carolina.

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

Built 2010 - 2019 410
Built 2000 - 2009 281
Built 1990 - 1999 310
Built 1980 - 1989 185
Built 1970 - 1979 50
Built 1960 - 1969 53

The highest share of Davidson, North Carolina apartment rentals, namely 32% or 410 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (24%, 310 units), and the ones Built 2000 - 2009 (22%, 281 units).

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

Moved in 2021 or later 179
Moved in 2018 to 2020 569
Moved in 2010 to 2017 465
Moved in 2000 to 2009 81

Median year renter moved into unit 2019

Most Davidson, North Carolina renters (44%) moved in 2018 to 2020, while only 6% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Davidson, North Carolina condos for rent is 2019.

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

No vehicle available 229
1 vehicle available 610
2 vehicles available 385
3 or more vehicles available 70

When it comes to transportation options, 47% of Davidson, North Carolina renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 18% have No vehicle available.

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

Car, truck, or van - drove alone 810
Car, truck, or van - carpooled 133
Public transportation (excluding taxicab) 22
Walked 90
Taxicab, motorcycle, bicycle, or other means 94
Worked at home 262

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

Same house as 1 year ago 1,242
Moved within same county 456
Moved from different county within same state 143
Moved from different state 457
Moved from abroad 22

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 Davidson, 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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