Etowah, 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 Etowah, North Carolina rental market.

Etowah, North Carolina

Average Apartment Rent

$1,627

Y-o-Y Change in Average
Apartment Rent

11.1%

As of August 2026

Compared to a year ago, Etowah, North Carolina apartments have recorded a 11.1% rent increase.

Etowah, North Carolina Average apartment rent trend

Median Rent Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026 Jul 2026
Etowah $1,448 $1,449 $1,454 $1,450 $1,478 $1,467 $1,502 $1,572 $1,617
National $1,733 $1,736 $1,756 $1,748 $1,755 $1,768 $1,754 $1,750 $1,771
Etowah
National
Nov 2023
$1,448
$1,733
Mar 2024
$1,449
$1,736
Jul 2024
$1,454
$1,756
Nov 2024
$1,450
$1,748
Mar 2025
$1,478
$1,755
Jul 2025
$1,467
$1,768
Nov 2025
$1,502
$1,754
Mar 2026
$1,572
$1,750
Jul 2026
$1,617
$1,771

Etowah, North Carolina Average Apartment Rent

Etowah, 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 49.06%, apartments priced $1,500 - $2,000 represent the bulk of Etowah, North Carolina rentals, while condos priced Under $1,000 hold the lowest share of the market – 2.28%.

Etowah, North Carolina Housing tenure**

Renter occupied housing units 529
Owner occupied housing units 2,691

Renters take up 16% of Etowah, North Carolina real estate, occupying a total of 529 units, while homeowners live in 2,691 properties.

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

5.2

Renter median household income**

$45,521

Average household size of renter-occupied housing units**

2.28

Rental vacancy rate**

2.9%

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

No bedrooms 37
2 beds 212
3 beds 262
4 beds 18

There are 262 rentals in Etowah, North Carolina with 3 beds making up the highest share of the market, at 50%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 18 units. Overall, the median number of rooms in Etowah, North Carolina homes for rent is 5.2.

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

15 - 24 years 23
25 - 34 years 114
35 - 44 years 45
45 - 54 years 141
55 - 59 years 40
60 - 64 years 33
65 - 74 years 95
75 - 84 years 25
85 years and over 13

Most condos for rent in Etowah, North Carolina are occupied by residents in the 45 - 54 years age group (27%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

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

Family households 287
Non-Family Households 242

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

With related children of the householder under 18 173
No related children of the householder under 18 356

A total of 287 apartments for rent in Etowah, North Carolina, or 54% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 173 units. All in all, the median size of a renter-occupied household in Etowah, North Carolina is 2.28.

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

Less than high school graduate 133
High school graduate (including equivalency) 139
Some college or associate's degree 165
Bachelor's degree or higher 92

In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 25% of the homes for rent in Etowah, North Carolina.

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

Built 2010 - 2019 58
Built 2000 - 2009 74
Built 1990 - 1999 127
Built 1980 - 1989 191
Built 1970 - 1979 31
Built 1960 - 1969 10
Built 1940 - 1949 14
Built 1939 or earlier 24

The highest share of Etowah, North Carolina apartment rentals, namely 36% or 191 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (24%, 127 units), and the ones Built 2000 - 2009 (14%, 74 units).

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

Moved in 2021 or later 18
Moved in 2018 to 2020 228
Moved in 2010 to 2017 206
Moved in 2000 to 2009 77

Median year renter moved into unit 2017

Most Etowah, North Carolina renters (43%) moved in 2018 to 2020, while only 3% of them moved in 2021 or later. Overall, the median year renters have occupied their Etowah, North Carolina condos for rent is 2017.

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

No vehicle available 62
1 vehicle available 180
2 vehicles available 217
3 or more vehicles available 70

When it comes to transportation options, 41% of Etowah, North Carolina renters have 2 vehicles available per household, 34% of them have 1 vehicle available, and 13% have 3 or more vehicles available.

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

Car, truck, or van - drove alone 472
Car, truck, or van - carpooled 47

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

Same house as 1 year ago 1,154
Moved within same county 23
Moved from abroad 18

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 Etowah, 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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