Sanford, 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 Sanford, North Carolina rental market.
Sanford, North Carolina
Average Apartment Rent
$1,298
Y-o-Y Change in Average
Apartment Rent
1%
As of May 2026
Compared to a year ago, Sanford, North Carolina apartments have recorded a 1% rent increase.
Sanford, North Carolina Average apartment rent trend
Sanford, North Carolina Average Apartment Rent
Sanford, North Carolina Apartment rent ranges
At 81.55%, apartments priced $1,000 - $1,500 represent the bulk of Sanford, North Carolina rentals, while condos priced Under $1,000 hold the lowest share of the market – 6.45%.
Sanford, North Carolina Housing tenure**
Renters take up 49% of Sanford, North Carolina real estate, occupying a total of 5,307 units, while homeowners live in 5,556 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$38,945
Average household size of renter-occupied housing units**
2.64
Rental vacancy rate**
8.6%
Sanford, North Carolina Renter-occupied housing units by no. of bedrooms**
There are 2,641 rentals in Sanford, North Carolina with 2 beds making up the highest share of the market, at 50%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 73 units. Overall, the median number of rooms in Sanford, North Carolina homes for rent is 4.3.
Sanford, North Carolina Renter-occupied units by age of householder**
Most condos for rent in Sanford, North Carolina are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Sanford, North Carolina Renter-occupied housing units by family type**
Sanford, North Carolina Renter-occupied housing units by the presence of own children**
A total of 3,143 apartments for rent in Sanford, North Carolina, or 59% of all rentals are family households. Additionally, 43% of rental homes include children under the age of 18 – that’s 2,272 units. All in all, the median size of a renter-occupied household in Sanford, North Carolina is 2.64.
Sanford, North Carolina Renter-occupied housing units by educational attainment**
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 22% of the homes for rent in Sanford, North Carolina.
Sanford, North Carolina Renter-occupied units by year structure built**
The highest share of Sanford, North Carolina apartment rentals, namely 19% or 1,023 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (16%, 871 units), and the ones Built 1980 - 1989 (14%, 724 units).
Sanford, North Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Sanford, North Carolina renters (43%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Sanford, North Carolina condos for rent is 2016.
Sanford, North Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of Sanford, North Carolina renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 10% have No vehicle available.
Sanford, North Carolina Means of transportation to work of householders living in renter-occupied housing units**
Sanford, 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 Sanford, 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
