Laurel Park, 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 Laurel Park, North Carolina rental market.
Laurel Park, North Carolina
Average Apartment Rent
$1,572
Y-o-Y Change in Average
Apartment Rent
6.4%
As of March 2026
Compared to a year ago, Laurel Park, North Carolina apartments have recorded a 6.4% rent increase.
Laurel Park, North Carolina Average apartment rent trend
Laurel Park, North Carolina Average Apartment Rent
Laurel Park, North Carolina Apartment rent ranges
At 43.63%, apartments priced $1,500 - $2,000 represent the bulk of Laurel Park, North Carolina rentals, while condos priced Under $1,000 hold the lowest share of the market – 5.2%.
Laurel Park, North Carolina Housing tenure**
Renters take up 10% of Laurel Park, North Carolina real estate, occupying a total of 109 units, while homeowners live in 1,004 properties.
Median number of rooms of renter-occupied housing units**
3.7
Average household size of renter-occupied housing units**
1.56
Rental vacancy rate**
12.9%
Laurel Park, North Carolina Renter-occupied housing units by no. of bedrooms**
There are 49 rentals in Laurel Park, North Carolina with 2 beds making up the highest share of the market, at 45%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 3 units. Overall, the median number of rooms in Laurel Park, North Carolina homes for rent is 3.7.
Laurel Park, North Carolina Renter-occupied units by age of householder**
Most condos for rent in Laurel Park, North Carolina are occupied by residents in the 45 - 54 years age group (31%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 35 - 44 years age group make up the lowest share of the local rental market – 4%.
Laurel Park, North Carolina Renter-occupied housing units by family type**
Laurel Park, North Carolina Renter-occupied housing units by the presence of own children**
A total of 41 apartments for rent in Laurel Park, North Carolina, or 38% of all rentals are family households. Additionally, 8% of rental homes include children under the age of 18 – that’s 9 units. All in all, the median size of a renter-occupied household in Laurel Park, North Carolina is 1.56.
Laurel Park, North Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 73% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Laurel Park, North Carolina.
Laurel Park, North Carolina Renter-occupied units by year structure built**
The highest share of Laurel Park, North Carolina apartment rentals, namely 31% or 34 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (28%, 31 units), and the ones Built 1940 - 1949 (14%, 15 units).
Laurel Park, North Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Laurel Park, North Carolina renters (43%) moved in 2018 to 2020, while only 3% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Laurel Park, North Carolina condos for rent is 2018.
Laurel Park, North Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 49% of Laurel Park, North Carolina renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 23% have No vehicle available.
Laurel Park, North Carolina Means of transportation to work of householders living in renter-occupied housing units**
Laurel Park, 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 Laurel Park, 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
