New Bern, 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 New Bern, North Carolina rental market.
New Bern, North Carolina
Average Apartment Rent
$1,358
Y-o-Y Change in Average
Apartment Rent
-1.8%
As of March 2026
Compared to a year ago, New Bern, North Carolina apartments have recorded a -1.8% rent decrease.
New Bern, North Carolina Average apartment rent trend
New Bern, North Carolina Average Apartment Rent
New Bern, North Carolina Apartment rent ranges
At 66.25%, apartments priced $1,000 - $1,500 represent the bulk of New Bern, North Carolina rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 0.63%.
New Bern, North Carolina Housing tenure**
Renters take up 42% of New Bern, North Carolina real estate, occupying a total of 5,903 units, while homeowners live in 8,279 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$35,590
Average household size of renter-occupied housing units**
2.03
Rental vacancy rate**
7.2%
New Bern, North Carolina Renter-occupied housing units by no. of bedrooms**
There are 2,089 rentals in New Bern, North Carolina with 2 beds making up the highest share of the market, at 35%. Units with No bedrooms, on the other hand, hold the lowest percentage (4%), amounting to 234 units. Overall, the median number of rooms in New Bern, North Carolina homes for rent is 4.3.
New Bern, North Carolina Renter-occupied units by age of householder**
Most condos for rent in New Bern, North Carolina are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 65 - 74 years age group (15%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.
New Bern, North Carolina Renter-occupied housing units by family type**
New Bern, North Carolina Renter-occupied housing units by the presence of own children**
A total of 2,793 apartments for rent in New Bern, North Carolina, or 47% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 1,669 units. All in all, the median size of a renter-occupied household in New Bern, North Carolina is 2.03.
New Bern, North Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 22% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in New Bern, North Carolina.
New Bern, North Carolina Renter-occupied units by year structure built**
The highest share of New Bern, North Carolina apartment rentals, namely 20% or 1,156 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (17%, 1,028 units), and the ones Built 1980 - 1989 (15%, 910 units).
New Bern, North Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most New Bern, North Carolina renters (49%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their New Bern, North Carolina condos for rent is 2018.
New Bern, North Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of New Bern, North Carolina renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 22% have No vehicle available.
New Bern, North Carolina Means of transportation to work of householders living in renter-occupied housing units**
New Bern, 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 New Bern, 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
