Wesley Chapel, 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 Wesley Chapel, North Carolina rental market.

Wesley Chapel, North Carolina

Average Apartment Rent

$1,527

Y-o-Y Change in Average
Apartment Rent

3.1%

As of May 2026

Compared to a year ago, Wesley Chapel, North Carolina apartments have recorded a 3.1% rent increase.

Wesley Chapel, 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
Wesley Chapel $1,349 $1,386 $1,428 $1,493 $1,482 $1,491 $1,500 $1,503 $1,524
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Wesley Chapel
National
Jul 2023
$1,349
$1,741
Nov 2023
$1,386
$1,732
Mar 2024
$1,428
$1,736
Jul 2024
$1,493
$1,756
Nov 2024
$1,482
$1,749
Mar 2025
$1,491
$1,755
Jul 2025
$1,500
$1,767
Nov 2025
$1,503
$1,753
Mar 2026
$1,524
$1,750

Wesley Chapel, North Carolina Average Apartment Rent

Wesley Chapel, 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 42.85%, apartments priced $1,500 - $2,000 represent the bulk of Wesley Chapel, North Carolina rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.44%.

Wesley Chapel, North Carolina Housing tenure**

Renter occupied housing units 86
Owner occupied housing units 2,706

Renters take up 3% of Wesley Chapel, North Carolina real estate, occupying a total of 86 units, while homeowners live in 2,706 properties.

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

5.9

Renter median household income**

$118,667

Average household size of renter-occupied housing units**

2.71

Rental vacancy rate**

18.1%

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

3 beds 54
4 beds 32

There are 54 rentals in Wesley Chapel, North Carolina with 3 beds making up the highest share of the market, at 63%. Units with 4 beds, on the other hand, hold the lowest percentage (37%), amounting to 32 units. Overall, the median number of rooms in Wesley Chapel, North Carolina homes for rent is 5.9.

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

15 - 24 years 24
25 - 34 years 5
35 - 44 years 30
45 - 54 years 15
60 - 64 years 12

Most condos for rent in Wesley Chapel, North Carolina are occupied by residents in the 35 - 44 years age group (35%), followed by those in the 15 - 24 years age group (28%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 6%.

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

Family households 62
Non-Family Households 24

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

With related children of the householder under 18 35
No related children of the householder under 18 51

A total of 62 apartments for rent in Wesley Chapel, North Carolina, or 72% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 35 units. All in all, the median size of a renter-occupied household in Wesley Chapel, North Carolina is 2.71.

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

High school graduate (including equivalency) 24
Some college or associate's degree 35
Bachelor's degree or higher 27

In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Wesley Chapel, North Carolina.

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

Built 2000 - 2009 32
Built 1980 - 1989 54

The highest share of Wesley Chapel, North Carolina apartment rentals, namely 63% or 54 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (37%, 32 units).

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

Moved in 2018 to 2020 15
Moved in 2010 to 2017 71

Median year renter moved into unit 2015

Most Wesley Chapel, North Carolina renters (83%) moved in 2010 to 2017, while only 17% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Wesley Chapel, North Carolina condos for rent is 2015.

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

1 vehicle available 5
2 vehicles available 57
3 or more vehicles available 24

When it comes to transportation options, 66% of Wesley Chapel, North Carolina renters have 2 vehicles available per household, 28% of them have 3 or more vehicles available, and 6% have 1 vehicle available.

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

Car, truck, or van - drove alone 79
Car, truck, or van - carpooled 27
Worked at home 12

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

Same house as 1 year ago 66
Moved within same county 116
Moved from different county within same state 27
Moved from different state 24

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 Wesley Chapel, 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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