Toast, 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 Toast, North Carolina rental market.

Toast, North Carolina

Average Apartment Rent

$1,244

Y-o-Y Change in Average
Apartment Rent

1.8%

As of March 2026

Compared to a year ago, Toast, North Carolina apartments have recorded a 1.8% rent increase.

Toast, 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
Toast $1,106 $1,124 $1,164 $1,177 $1,209 $1,222 $1,247 $1,227 $1,244
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Toast
National
Jul 2023
$1,106
$1,741
Nov 2023
$1,124
$1,732
Mar 2024
$1,164
$1,736
Jul 2024
$1,177
$1,756
Nov 2024
$1,209
$1,749
Mar 2025
$1,222
$1,755
Jul 2025
$1,247
$1,767
Nov 2025
$1,227
$1,753
Mar 2026
$1,244
$1,750

Toast, North Carolina Average Apartment Rent

Toast, 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 45.38%, apartments priced Under $1,000 represent the bulk of Toast, North Carolina rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.68%.

Toast, North Carolina Housing tenure**

Renter occupied housing units 126
Owner occupied housing units 373

Renters take up 25% of Toast, North Carolina real estate, occupying a total of 126 units, while homeowners live in 373 properties.

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

4.4

Renter median household income**

$26,780

Average household size of renter-occupied housing units**

2.63

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

2 beds 67
3 beds 59

There are 67 rentals in Toast, North Carolina with 2 beds making up the highest share of the market, at 53%. Units with 3 beds, on the other hand, hold the lowest percentage (47%), amounting to 59 units. Overall, the median number of rooms in Toast, North Carolina homes for rent is 4.4.

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

15 - 24 years 12
35 - 44 years 72
60 - 64 years 9
65 - 74 years 33

Most condos for rent in Toast, North Carolina are occupied by residents in the 35 - 44 years age group (57%), followed by those in the 65 - 74 years age group (26%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 7%.

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

Family households 108
Non-Family Households 18

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

With related children of the householder under 18 72
No related children of the householder under 18 54

A total of 108 apartments for rent in Toast, North Carolina, or 86% of all rentals are family households. Additionally, 57% of rental homes include children under the age of 18 – that’s 72 units. All in all, the median size of a renter-occupied household in Toast, North Carolina is 2.63.

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

Less than high school graduate 24
High school graduate (including equivalency) 30
Some college or associate's degree 72

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 19% of the homes for rent in Toast, North Carolina.

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

Built 2000 - 2009 9
Built 1990 - 1999 47
Built 1970 - 1979 24
Built 1950 - 1959 37
Built 1939 or earlier 9

The highest share of Toast, North Carolina apartment rentals, namely 37% or 47 units, were Built 1990 - 1999, followed by those Built 1950 - 1959 (29%, 37 units), and the ones Built 1970 - 1979 (19%, 24 units).

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

Moved in 2018 to 2020 49
Moved in 2010 to 2017 35
Moved in 2000 to 2009 33
Moved in 1990 to 1999 9

Median year renter moved into unit 2015

Most Toast, North Carolina renters (39%) moved in 2018 to 2020, while only 7% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Toast, North Carolina condos for rent is 2015.

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

No vehicle available 24
1 vehicle available 21
2 vehicles available 44
3 or more vehicles available 37

When it comes to transportation options, 35% of Toast, North Carolina renters have 2 vehicles available per household, 29% of them have 3 or more vehicles available, and 19% have No vehicle available.

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

Car, truck, or van - drove alone 103
Worked at home 37

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

Same house as 1 year ago 299
Moved from different county within same state 33

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 Toast, 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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