River Road, 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 River Road, North Carolina rental market.
River Road, North Carolina
Average Apartment Rent
$1,059
Y-o-Y Change in Average
Apartment Rent
5.3%
As of March 2026
Compared to a year ago, River Road, North Carolina apartments have recorded a 5.3% rent increase.
River Road, North Carolina Average apartment rent trend
River Road, North Carolina Average Apartment Rent
River Road, North Carolina Apartment rent ranges
At 78.05%, apartments priced $1,000 - $1,500 represent the bulk of River Road, North Carolina rentals, while condos priced Under $1,000 hold the lowest share of the market – 21.95%.
River Road, North Carolina Housing tenure**
Renters take up 30% of River Road, North Carolina real estate, occupying a total of 496 units, while homeowners live in 1,169 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$24,569
Average household size of renter-occupied housing units**
2.09
Rental vacancy rate**
9.3%
River Road, North Carolina Renter-occupied housing units by no. of bedrooms**
There are 263 rentals in River Road, North Carolina with 3 beds making up the highest share of the market, at 53%. Units with 1 bed, on the other hand, hold the lowest percentage (3%), amounting to 13 units. Overall, the median number of rooms in River Road, North Carolina homes for rent is 4.1.
River Road, North Carolina Renter-occupied units by age of householder**
Most condos for rent in River Road, North Carolina are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 2%.
River Road, North Carolina Renter-occupied housing units by family type**
River Road, North Carolina Renter-occupied housing units by the presence of own children**
A total of 193 apartments for rent in River Road, North Carolina, or 39% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 148 units. All in all, the median size of a renter-occupied household in River Road, North Carolina is 2.09.
River Road, North Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 5% of the rental market. In contrast, residents with less than a high school degree reside in 43% of the homes for rent in River Road, North Carolina.
River Road, North Carolina Renter-occupied units by year structure built**
The highest share of River Road, North Carolina apartment rentals, namely 63% or 311 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (11%, 55 units), and the ones Built 1990 - 1999 (8%, 42 units).
River Road, North Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most River Road, North Carolina renters (42%) moved in 2010 to 2017, while only 4% of them moved in 2000 to 2009. Overall, the median year renters have occupied their River Road, North Carolina condos for rent is 2018.
River Road, North Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 58% of River Road, North Carolina renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 5% have 3 vehicles available.
River Road, North Carolina Means of transportation to work of householders living in renter-occupied housing units**
River Road, 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 River Road, 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
