Kernersville, 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 Kernersville, North Carolina rental market.

Kernersville, North Carolina

Average Apartment Rent

$1,342

Y-o-Y Change in Average
Apartment Rent

3.8%

As of May 2026

Compared to a year ago, Kernersville, North Carolina apartments have recorded a 3.8% rent increase.

Kernersville, 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
Kernersville $1,216 $1,235 $1,253 $1,278 $1,285 $1,293 $1,305 $1,297 $1,324
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Kernersville
National
Jul 2023
$1,216
$1,741
Nov 2023
$1,235
$1,732
Mar 2024
$1,253
$1,736
Jul 2024
$1,278
$1,756
Nov 2024
$1,285
$1,749
Mar 2025
$1,293
$1,755
Jul 2025
$1,305
$1,767
Nov 2025
$1,297
$1,753
Mar 2026
$1,324
$1,750

Kernersville, North Carolina Average Apartment Rent

Kernersville, 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 57.14%, apartments priced $1,000 - $1,500 represent the bulk of Kernersville, North Carolina rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.24%.

Kernersville, North Carolina Housing tenure**

Renter occupied housing units 5,472
Owner occupied housing units 6,481

Renters take up 46% of Kernersville, North Carolina real estate, occupying a total of 5,472 units, while homeowners live in 6,481 properties.

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

4

Renter median household income**

$44,922

Average household size of renter-occupied housing units**

1.97

Rental vacancy rate**

6.2%

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

No bedrooms 190
1 bed 1,677
2 beds 2,595
3 beds 842
4 beds 157

There are 2,595 rentals in Kernersville, North Carolina with 2 beds making up the highest share of the market, at 47%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 157 units. Overall, the median number of rooms in Kernersville, North Carolina homes for rent is 4.

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

15 - 24 years 640
25 - 34 years 1,422
35 - 44 years 1,045
45 - 54 years 588
55 - 59 years 362
60 - 64 years 222
65 - 74 years 831
75 - 84 years 194
85 years and over 168

Most condos for rent in Kernersville, North Carolina are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

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

Family households 2,076
Non-Family Households 3,396

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

With related children of the householder under 18 1,094
No related children of the householder under 18 4,378

A total of 2,076 apartments for rent in Kernersville, North Carolina, or 38% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 1,094 units. All in all, the median size of a renter-occupied household in Kernersville, North Carolina is 1.97.

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

Less than high school graduate 560
High school graduate (including equivalency) 1,361
Some college or associate's degree 2,095
Bachelor's degree or higher 1,456

In terms of education, renters holding bachelor degrees or higher make up 27% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Kernersville, North Carolina.

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

Built 2010 - 2019 1,059
Built 2000 - 2009 798
Built 1990 - 1999 770
Built 1980 - 1989 1,021
Built 1970 - 1979 921
Built 1960 - 1969 273
Built 1950 - 1959 267
Built 1940 - 1949 111
Built 1939 or earlier 252

The highest share of Kernersville, North Carolina apartment rentals, namely 19% or 1,059 units, were Built 2010 - 2019, followed by those Built 1980 - 1989 (19%, 1,021 units), and the ones Built 1970 - 1979 (17%, 921 units).

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

Moved in 2021 or later 493
Moved in 2018 to 2020 1,860
Moved in 2010 to 2017 2,314
Moved in 2000 to 2009 721
Moved in 1990 to 1999 32
Moved in 1989 or earlier 52

Median year renter moved into unit 2017

Most Kernersville, North Carolina renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Kernersville, North Carolina condos for rent is 2017.

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

No vehicle available 412
1 vehicle available 2,974
2 vehicles available 1,495
3 vehicles available 418
4 vehicles available 67
5 or more vehicles available 106

When it comes to transportation options, 54% of Kernersville, North Carolina renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 8% have 3 vehicles available.

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

Car, truck, or van - drove alone 4,672
Car, truck, or van - carpooled 578
Public transportation (excluding taxicab) 91
Walked 136
Worked at home 258

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

Same house as 1 year ago 8,135
Moved within same county 1,011
Moved from different county within same state 906
Moved from different state 510

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 Kernersville, 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

Check out rentals available in Kernersville, North Carolina