Garner, 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 Garner, North Carolina rental market.
Garner, North Carolina
Average Apartment Rent
$1,429
Y-o-Y Change in Average
Apartment Rent
-2.6%
As of May 2026
Compared to a year ago, Garner, North Carolina apartments have recorded a -2.6% rent decrease.
Garner, North Carolina Average apartment rent trend
Garner, North Carolina Average Apartment Rent
Garner, North Carolina Apartment rent ranges
At 59.48%, apartments priced $1,000 - $1,500 represent the bulk of Garner, North Carolina rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.16%.
Garner, North Carolina Housing tenure**
Renters take up 36% of Garner, North Carolina real estate, occupying a total of 4,456 units, while homeowners live in 7,904 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$56,264
Average household size of renter-occupied housing units**
2.35
Rental vacancy rate**
8.6%
Garner, North Carolina Renter-occupied housing units by no. of bedrooms**
There are 2,141 rentals in Garner, North Carolina with 2 beds making up the highest share of the market, at 48%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 65 units. Overall, the median number of rooms in Garner, North Carolina homes for rent is 4.3.
Garner, North Carolina Renter-occupied units by age of householder**
Most condos for rent in Garner, North Carolina are occupied by residents in the 25 - 34 years age group (33%), followed by those in the 45 - 54 years age group (19%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Garner, North Carolina Renter-occupied housing units by family type**
Garner, North Carolina Renter-occupied housing units by the presence of own children**
A total of 2,220 apartments for rent in Garner, North Carolina, or 50% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 1,027 units. All in all, the median size of a renter-occupied household in Garner, North Carolina is 2.35.
Garner, North Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 38% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Garner, North Carolina.
Garner, North Carolina Renter-occupied units by year structure built**
The highest share of Garner, North Carolina apartment rentals, namely 27% or 1,194 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (25%, 1,094 units), and the ones Built 1970 - 1979 (16%, 705 units).
Garner, North Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Garner, North Carolina renters (47%) moved in 2018 to 2020, while only 12% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Garner, North Carolina condos for rent is 2019.
Garner, North Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Garner, North Carolina renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 11% have 3 vehicles available.
Garner, North Carolina Means of transportation to work of householders living in renter-occupied housing units**
Garner, 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 Garner, 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
