Rocky Mount, 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 Rocky Mount, North Carolina rental market.

Rocky Mount, North Carolina

Average Apartment Rent

$1,198

Y-o-Y Change in Average
Apartment Rent

-2.2%

As of March 2026

Compared to a year ago, Rocky Mount, North Carolina apartments have recorded a -2.2% rent decrease.

Rocky Mount, 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
Rocky Mount $1,206 $1,180 $1,156 $1,174 $1,191 $1,220 $1,190 $1,202 $1,198
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Rocky Mount
National
Jul 2023
$1,206
$1,735
Nov 2023
$1,180
$1,724
Mar 2024
$1,156
$1,729
Jul 2024
$1,174
$1,750
Nov 2024
$1,191
$1,743
Mar 2025
$1,220
$1,749
Jul 2025
$1,190
$1,763
Nov 2025
$1,202
$1,749
Mar 2026
$1,198
$1,750

Rocky Mount, North Carolina Average Apartment Rent

Rocky Mount, 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 67.86%, apartments priced $1,000 - $1,500 represent the bulk of Rocky Mount, North Carolina rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 3.86%.

Rocky Mount, North Carolina Housing tenure**

Renter occupied housing units 11,351
Owner occupied housing units 11,315

Renters take up 50% of Rocky Mount, North Carolina real estate, occupying a total of 11,351 units, while homeowners live in 11,315 properties.

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

4.6

Renter median household income**

$39,029

Average household size of renter-occupied housing units**

2.36

Rental vacancy rate**

3.4%

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

No bedrooms 774
1 bed 1,456
2 beds 4,465
3 beds 4,247
4 beds 309
5 or more beds 100

There are 4,465 rentals in Rocky Mount, North Carolina with 2 beds making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 100 units. Overall, the median number of rooms in Rocky Mount, North Carolina homes for rent is 4.6.

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

15 - 24 years 771
25 - 34 years 2,627
35 - 44 years 1,961
45 - 54 years 1,674
55 - 59 years 878
60 - 64 years 1,199
65 - 74 years 1,554
75 - 84 years 424
85 years and over 263

Most condos for rent in Rocky Mount, North Carolina are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

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

Family households 6,240
Non-Family Households 5,111

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

With related children of the householder under 18 3,690
No related children of the householder under 18 7,661

A total of 6,240 apartments for rent in Rocky Mount, North Carolina, or 55% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 3,690 units. All in all, the median size of a renter-occupied household in Rocky Mount, North Carolina is 2.36.

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

Less than high school graduate 1,765
High school graduate (including equivalency) 4,124
Some college or associate's degree 3,679
Bachelor's degree or higher 1,783

In terms of education, renters holding bachelor degrees or higher make up 16% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in Rocky Mount, North Carolina.

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

Built 2010 - 2019 944
Built 2000 - 2009 1,705
Built 1990 - 1999 1,681
Built 1980 - 1989 1,436
Built 1970 - 1979 1,710
Built 1960 - 1969 1,093
Built 1950 - 1959 1,473
Built 1940 - 1949 260
Built 1939 or earlier 1,049

The highest share of Rocky Mount, North Carolina apartment rentals, namely 15% or 1,710 units, were Built 1970 - 1979, followed by those Built 2000 - 2009 (15%, 1,705 units), and the ones Built 1990 - 1999 (15%, 1,681 units).

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

Moved in 2021 or later 693
Moved in 2018 to 2020 3,452
Moved in 2010 to 2017 5,564
Moved in 2000 to 2009 1,232
Moved in 1990 to 1999 323
Moved in 1989 or earlier 87

Median year renter moved into unit 2016

Most Rocky Mount, North Carolina renters (49%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Rocky Mount, North Carolina condos for rent is 2016.

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

No vehicle available 1,919
1 vehicle available 5,074
2 vehicles available 3,520
3 vehicles available 694
4 vehicles available 85
5 or more vehicles available 59

When it comes to transportation options, 45% of Rocky Mount, North Carolina renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 17% have No vehicle available.

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

Car, truck, or van - drove alone 9,146
Car, truck, or van - carpooled 1,084
Public transportation (excluding taxicab) 182
Walked 66
Taxicab, motorcycle, bicycle, or other means 453
Worked at home 709

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

Same house as 1 year ago 22,810
Moved within same county 1,416
Moved from different county within same state 1,718
Moved from different state 661

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 Rocky Mount, 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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