Hendersonville, 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 Hendersonville, North Carolina rental market.

Hendersonville, North Carolina

Average Apartment Rent

$1,597

Y-o-Y Change in Average
Apartment Rent

9%

As of May 2026

Compared to a year ago, Hendersonville, North Carolina apartments have recorded a 9% rent increase.

Hendersonville, 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
Hendersonville $1,471 $1,448 $1,449 $1,454 $1,450 $1,478 $1,467 $1,502 $1,572
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Hendersonville
National
Jul 2023
$1,471
$1,741
Nov 2023
$1,448
$1,732
Mar 2024
$1,449
$1,736
Jul 2024
$1,454
$1,756
Nov 2024
$1,450
$1,749
Mar 2025
$1,478
$1,755
Jul 2025
$1,467
$1,767
Nov 2025
$1,502
$1,753
Mar 2026
$1,572
$1,750

Hendersonville, North Carolina Average Apartment Rent

Hendersonville, 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 45.27%, apartments priced $1,500 - $2,000 represent the bulk of Hendersonville, North Carolina rentals, while condos priced Under $1,000 hold the lowest share of the market – 3.34%.

Hendersonville, North Carolina Housing tenure**

Renter occupied housing units 4,014
Owner occupied housing units 3,637

Renters take up 52% of Hendersonville, North Carolina real estate, occupying a total of 4,014 units, while homeowners live in 3,637 properties.

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

3.8

Renter median household income**

$37,833

Average household size of renter-occupied housing units**

1.89

Rental vacancy rate**

4.2%

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

No bedrooms 257
1 bed 1,331
2 beds 1,866
3 beds 518
4 beds 21
5 or more beds 21

There are 1,866 rentals in Hendersonville, North Carolina with 2 beds making up the highest share of the market, at 46%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 21 units. Overall, the median number of rooms in Hendersonville, North Carolina homes for rent is 3.8.

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

15 - 24 years 209
25 - 34 years 642
35 - 44 years 647
45 - 54 years 462
55 - 59 years 363
60 - 64 years 271
65 - 74 years 543
75 - 84 years 482
85 years and over 395

Most condos for rent in Hendersonville, North Carolina are occupied by residents in the 35 - 44 years age group (16%), followed by those in the 25 - 34 years age group (16%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 5%.

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

Family households 1,633
Non-Family Households 2,381

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

With related children of the householder under 18 821
No related children of the householder under 18 3,193

A total of 1,633 apartments for rent in Hendersonville, North Carolina, or 41% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 821 units. All in all, the median size of a renter-occupied household in Hendersonville, North Carolina is 1.89.

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

Less than high school graduate 415
High school graduate (including equivalency) 882
Some college or associate's degree 1,545
Bachelor's degree or higher 1,172

In terms of education, renters holding bachelor degrees or higher make up 29% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Hendersonville, North Carolina.

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

Built 2010 - 2019 775
Built 2000 - 2009 594
Built 1990 - 1999 512
Built 1980 - 1989 366
Built 1970 - 1979 817
Built 1960 - 1969 337
Built 1950 - 1959 314
Built 1940 - 1949 35
Built 1939 or earlier 250

The highest share of Hendersonville, North Carolina apartment rentals, namely 20% or 817 units, were Built 1970 - 1979, followed by those Built 2010 - 2019 (19%, 775 units), and the ones Built 2000 - 2009 (15%, 594 units).

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

Moved in 2021 or later 434
Moved in 2018 to 2020 1,420
Moved in 2010 to 2017 1,747
Moved in 2000 to 2009 353
Moved in 1990 to 1999 53

Median year renter moved into unit 2017

Most Hendersonville, North Carolina renters (44%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Hendersonville, North Carolina condos for rent is 2017.

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

No vehicle available 567
1 vehicle available 2,124
2 vehicles available 1,137
3 vehicles available 95
4 vehicles available 28
5 or more vehicles available 63

When it comes to transportation options, 53% of Hendersonville, North Carolina renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 14% have No vehicle available.

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

Car, truck, or van - drove alone 2,666
Car, truck, or van - carpooled 712
Public transportation (excluding taxicab) 20
Worked at home 188

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

Same house as 1 year ago 5,730
Moved within same county 791
Moved from different county within same state 394
Moved from different state 462
Moved from abroad 124

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 Hendersonville, 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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