Lake Park, 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 Lake Park, North Carolina rental market.
Lake Park, North Carolina
Average Apartment Rent
$1,742
Y-o-Y Change in Average
Apartment Rent
0.2%
As of May 2026
Compared to a year ago, Lake Park, North Carolina apartments have recorded a 0.2% rent increase.
Lake Park, North Carolina Average apartment rent trend
Lake Park, North Carolina Average Apartment Rent
Lake Park, North Carolina Apartment rent ranges
At 56.47%, apartments priced $1,500 - $2,000 represent the bulk of Lake Park, North Carolina rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.3%.
Lake Park, North Carolina Housing tenure**
Renters take up 15% of Lake Park, North Carolina real estate, occupying a total of 191 units, while homeowners live in 1,108 properties.
Median number of rooms of renter-occupied housing units**
5.8
Renter median household income**
$48,711
Average household size of renter-occupied housing units**
2.91
Lake Park, North Carolina Renter-occupied housing units by no. of bedrooms**
There are 87 rentals in Lake Park, North Carolina with 3 beds making up the highest share of the market, at 46%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 6 units. Overall, the median number of rooms in Lake Park, North Carolina homes for rent is 5.8.
Lake Park, North Carolina Renter-occupied units by age of householder**
Most condos for rent in Lake Park, North Carolina are occupied by residents in the 45 - 54 years age group (26%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 6%.
Lake Park, North Carolina Renter-occupied housing units by family type**
Lake Park, North Carolina Renter-occupied housing units by the presence of own children**
A total of 162 apartments for rent in Lake Park, North Carolina, or 85% of all rentals are family households. Additionally, 49% of rental homes include children under the age of 18 – that’s 93 units. All in all, the median size of a renter-occupied household in Lake Park, North Carolina is 2.91.
Lake Park, North Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 41% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Lake Park, North Carolina.
Lake Park, North Carolina Renter-occupied units by year structure built**
The highest share of Lake Park, North Carolina apartment rentals, namely 61% or 117 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (39%, 74 units).
Lake Park, North Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Lake Park, North Carolina renters (47%) moved in 2010 to 2017, while only 1% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Lake Park, North Carolina condos for rent is 2018.
Lake Park, North Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 59% of Lake Park, North Carolina renters have 2 vehicles available per household, 34% of them have 1 vehicle available, and 8% have 3 or more vehicles available.
Lake Park, North Carolina Means of transportation to work of householders living in renter-occupied housing units**
Lake Park, 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 Lake Park, 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
