Forest Oaks, 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 Forest Oaks, North Carolina rental market.
Forest Oaks, North Carolina
Average Apartment Rent
$1,329
Y-o-Y Change in Average
Apartment Rent
0.8%
As of March 2026
Compared to a year ago, Forest Oaks, North Carolina apartments have recorded a 0.8% rent increase.
Forest Oaks, North Carolina Average apartment rent trend
Forest Oaks, North Carolina Average Apartment Rent
Forest Oaks, North Carolina Apartment rent ranges
At 58.72%, apartments priced $1,000 - $1,500 represent the bulk of Forest Oaks, North Carolina rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.41%.
Forest Oaks, North Carolina Housing tenure**
Renters take up 9% of Forest Oaks, North Carolina real estate, occupying a total of 141 units, while homeowners live in 1,399 properties.
Median number of rooms of renter-occupied housing units**
7.1
Renter median household income**
$49,162
Average household size of renter-occupied housing units**
2.36
Forest Oaks, North Carolina Renter-occupied housing units by no. of bedrooms**
All rentals in Forest Oaks, North Carolina have 3 beds. That’s a total of 141 units.
Forest Oaks, North Carolina Renter-occupied units by age of householder**
Most condos for rent in Forest Oaks, North Carolina are occupied by residents in the 45 - 54 years age group (67%), followed by those in the 25 - 34 years age group (26%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 7%.
Forest Oaks, North Carolina Renter-occupied housing units by family type**
Forest Oaks, North Carolina Renter-occupied housing units by the presence of own children**
A total of 125 apartments for rent in Forest Oaks, North Carolina, or 89% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 33 units. All in all, the median size of a renter-occupied household in Forest Oaks, North Carolina is 2.36.
Forest Oaks, North Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 9% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Forest Oaks, North Carolina.
Forest Oaks, North Carolina Renter-occupied units by year structure built**
The highest share of Forest Oaks, North Carolina apartment rentals, namely 58% or 82 units, were Built 1940 - 1949, followed by those Built 1960 - 1969 (15%, 21 units), and the ones Built 1939 or earlier (11%, 16 units).
Forest Oaks, North Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2014
Most Forest Oaks, North Carolina renters (67%) moved in 2010 to 2017, while only 15% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Forest Oaks, North Carolina condos for rent is 2014.
Forest Oaks, North Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 70% of Forest Oaks, North Carolina renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 9% have 3 or more vehicles available.
Forest Oaks, North Carolina Means of transportation to work of householders living in renter-occupied housing units**
Forest Oaks, 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 Forest Oaks, 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
