Royal Pines, 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 Royal Pines, North Carolina rental market.

Royal Pines, North Carolina

Average Apartment Rent

$1,668

Y-o-Y Change in Average
Apartment Rent

-5%

As of July 2026

Compared to a year ago, Royal Pines, North Carolina apartments have recorded a -5% rent decrease.

Royal Pines, North Carolina Average apartment rent trend

Median Rent Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026 Jul 2026
Royal Pines $1,677 $1,668 $1,682 $1,701 $1,663 $1,742 $1,722 $1,691 $1,668
National $1,728 $1,734 $1,755 $1,747 $1,753 $1,767 $1,752 $1,750 $1,771
Royal Pines
National
Nov 2023
$1,677
$1,728
Mar 2024
$1,668
$1,734
Jul 2024
$1,682
$1,755
Nov 2024
$1,701
$1,747
Mar 2025
$1,663
$1,753
Jul 2025
$1,742
$1,767
Nov 2025
$1,722
$1,752
Mar 2026
$1,691
$1,750
Jul 2026
$1,668
$1,771

Royal Pines, North Carolina Average Apartment Rent

Royal Pines, 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 52.96%, apartments priced $1,500 - $2,000 represent the bulk of Royal Pines, North Carolina rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 2.87%.

Royal Pines, North Carolina Housing tenure**

Renter occupied housing units 241
Owner occupied housing units 1,538

Renters take up 14% of Royal Pines, North Carolina real estate, occupying a total of 241 units, while homeowners live in 1,538 properties.

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

5.1

Renter median household income**

$72,589

Average household size of renter-occupied housing units**

2.27

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

No bedrooms 27
1 bed 16
2 beds 87
3 beds 111

There are 111 rentals in Royal Pines, North Carolina with 3 beds making up the highest share of the market, at 46%. Units with 1 bed, on the other hand, hold the lowest percentage (7%), amounting to 16 units. Overall, the median number of rooms in Royal Pines, North Carolina homes for rent is 5.1.

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

25 - 34 years 105
35 - 44 years 51
45 - 54 years 50
55 - 59 years 10
60 - 64 years 9
65 - 74 years 16

Most condos for rent in Royal Pines, North Carolina are occupied by residents in the 25 - 34 years age group (44%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 4%.

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

Family households 139
Non-Family Households 102

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

With related children of the householder under 18 69
No related children of the householder under 18 172

A total of 139 apartments for rent in Royal Pines, North Carolina, or 58% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 69 units. All in all, the median size of a renter-occupied household in Royal Pines, North Carolina is 2.27.

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

High school graduate (including equivalency) 40
Some college or associate's degree 124
Bachelor's degree or higher 77

In terms of education, renters holding bachelor degrees or higher make up 32% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Royal Pines, North Carolina.

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

Built 2000 - 2009 34
Built 1990 - 1999 20
Built 1980 - 1989 67
Built 1970 - 1979 70
Built 1960 - 1969 50

The highest share of Royal Pines, North Carolina apartment rentals, namely 29% or 70 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (28%, 67 units), and the ones Built 1960 - 1969 (21%, 50 units).

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

Moved in 2021 or later 20
Moved in 2018 to 2020 88
Moved in 2010 to 2017 117
Moved in 2000 to 2009 16

Median year renter moved into unit 2017

Most Royal Pines, North Carolina renters (49%) moved in 2010 to 2017, while only 7% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Royal Pines, North Carolina condos for rent is 2017.

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

1 vehicle available 133
2 vehicles available 92
5 or more vehicles available 16

When it comes to transportation options, 55% of Royal Pines, North Carolina renters have 1 vehicle available per household, 38% of them have 2 vehicles available, and 7% have 5 or more vehicles available.

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

Car, truck, or van - drove alone 284
Car, truck, or van - carpooled 18
Worked at home 50

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

Same house as 1 year ago 496
Moved from different county within same state 38
Moved from different state 14

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 Royal Pines, 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 Royal Pines, North Carolina