Silver City, 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 Silver City, North Carolina rental market.

Silver City, North Carolina

Average Apartment Rent

$1,442

Y-o-Y Change in Average
Apartment Rent

4.4%

As of June 2026

Compared to a year ago, Silver City, North Carolina apartments have recorded a 4.4% rent increase.

Silver City, North Carolina Average apartment rent trend

Median Rent Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Silver City $1,273 $1,284 $1,390 $1,400 $1,398 $1,392 $1,408 $1,401
National $1,721 $1,725 $1,747 $1,739 $1,746 $1,761 $1,748 $1,750
Silver City
National
Nov 2023
$1,273
$1,721
Mar 2024
$1,284
$1,725
Jul 2024
$1,390
$1,747
Nov 2024
$1,400
$1,739
Mar 2025
$1,398
$1,746
Jul 2025
$1,392
$1,761
Nov 2025
$1,408
$1,748
Mar 2026
$1,401
$1,750

Silver City, North Carolina Average Apartment Rent

Silver City, 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 64.62%, apartments priced $1,000 - $1,500 represent the bulk of Silver City, North Carolina rentals, while condos priced Under $1,000 hold the lowest share of the market – 1.67%.

Silver City, North Carolina Housing tenure**

Renter occupied housing units 167
Owner occupied housing units 207

Renters take up 45% of Silver City, North Carolina real estate, occupying a total of 167 units, while homeowners live in 207 properties.

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

4.9

Renter median household income**

$24,191

Average household size of renter-occupied housing units**

2.77

Silver City, North Carolina Renter-occupied housing units by no. of bedrooms**

2 beds 43
3 beds 107
5 or more beds 17

There are 107 rentals in Silver City, North Carolina with 3 beds making up the highest share of the market, at 64%. Units with 5 or more beds, on the other hand, hold the lowest percentage (10%), amounting to 17 units. Overall, the median number of rooms in Silver City, North Carolina homes for rent is 4.9.

Silver City, North Carolina Renter-occupied units by age of householder**

25 - 34 years 22
35 - 44 years 17
60 - 64 years 111
65 - 74 years 17

Most condos for rent in Silver City, North Carolina are occupied by residents in the 60 - 64 years age group (66%), followed by those in the 25 - 34 years age group (13%). At the same time, people in the 35 - 44 years age group make up the lowest share of the local rental market – 10%.

Silver City, North Carolina Renter-occupied housing units by family type**

Family households 39
Non-Family Households 128

Silver City, North Carolina Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 39
No related children of the householder under 18 128

A total of 39 apartments for rent in Silver City, North Carolina, or 23% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 39 units. All in all, the median size of a renter-occupied household in Silver City, North Carolina is 2.77.

Silver City, North Carolina Renter-occupied housing units by educational attainment**

Less than high school graduate 61
High school graduate (including equivalency) 24
Some college or associate's degree 82

In terms of education, renters holding bachelor degrees or higher make up 0% of the rental market. In contrast, residents with less than a high school degree reside in 37% of the homes for rent in Silver City, North Carolina.

Silver City, North Carolina Renter-occupied units by year structure built**

Built 1990 - 1999 22
Built 1980 - 1989 60
Built 1970 - 1979 68
Built 1940 - 1949 17

The highest share of Silver City, North Carolina apartment rentals, namely 41% or 68 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (36%, 60 units), and the ones Built 1990 - 1999 (13%, 22 units).

Silver City, North Carolina Renter-occupied units by year householder moved in**

Moved in 2018 to 2020 57
Moved in 2010 to 2017 78
Moved in 1990 to 1999 15
Moved in 1989 or earlier 17

Median year renter moved into unit 2015

Most Silver City, North Carolina renters (47%) moved in 2010 to 2017, while only 9% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Silver City, North Carolina condos for rent is 2015.

Silver City, North Carolina Renter-occupied housing units by vehicles available**

No vehicle available 39
1 or more vehicles available 128

When it comes to transportation options, 77% of Silver City, North Carolina renters have 1 or more vehicles available per household, while 23% of them have No vehicle available.

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

Car, truck, or van - drove alone 24
Public transportation (excluding taxicab) 157

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

Same house as 1 year ago 434
Moved from different county within same state 28

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 Silver City, 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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