Wendell, 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 Wendell, North Carolina rental market.

Wendell, North Carolina

Average Apartment Rent

$1,883

Y-o-Y Change in Average
Apartment Rent

-1.2%

As of May 2026

Compared to a year ago, Wendell, North Carolina apartments have recorded a -1.2% rent decrease.

Wendell, 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
Wendell $1,767 $1,713 $1,753 $1,930 $1,874 $1,851 $1,873 $1,924 $1,883
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Wendell
National
Jul 2023
$1,767
$1,741
Nov 2023
$1,713
$1,732
Mar 2024
$1,753
$1,736
Jul 2024
$1,930
$1,756
Nov 2024
$1,874
$1,749
Mar 2025
$1,851
$1,755
Jul 2025
$1,873
$1,767
Nov 2025
$1,924
$1,753
Mar 2026
$1,883
$1,750

Wendell, North Carolina Average Apartment Rent

Wendell, 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 51.07%, apartments priced $1,500 - $2,000 represent the bulk of Wendell, North Carolina rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 4.53%.

Wendell, North Carolina Housing tenure**

Renter occupied housing units 992
Owner occupied housing units 2,768

Renters take up 26% of Wendell, North Carolina real estate, occupying a total of 992 units, while homeowners live in 2,768 properties.

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

5.1

Renter median household income**

$43,879

Average household size of renter-occupied housing units**

2.27

Rental vacancy rate**

10.5%

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

1 bed 193
2 beds 267
3 beds 466
4 beds 21
5 or more beds 45

There are 466 rentals in Wendell, North Carolina with 3 beds making up the highest share of the market, at 47%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 21 units. Overall, the median number of rooms in Wendell, North Carolina homes for rent is 5.1.

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

15 - 24 years 153
25 - 34 years 187
35 - 44 years 170
45 - 54 years 178
55 - 59 years 70
60 - 64 years 58
65 - 74 years 114
85 years and over 62

Most condos for rent in Wendell, North Carolina are occupied by residents in the 25 - 34 years age group (19%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 6%.

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

Family households 501
Non-Family Households 491

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

With related children of the householder under 18 198
No related children of the householder under 18 794

A total of 501 apartments for rent in Wendell, North Carolina, or 51% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 198 units. All in all, the median size of a renter-occupied household in Wendell, North Carolina is 2.27.

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

Less than high school graduate 56
High school graduate (including equivalency) 213
Some college or associate's degree 478
Bachelor's degree or higher 245

In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Wendell, North Carolina.

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

Built 2010 - 2019 143
Built 2000 - 2009 34
Built 1990 - 1999 17
Built 1980 - 1989 188
Built 1970 - 1979 175
Built 1960 - 1969 200
Built 1950 - 1959 56
Built 1940 - 1949 120
Built 1939 or earlier 59

The highest share of Wendell, North Carolina apartment rentals, namely 20% or 200 units, were Built 1960 - 1969, followed by those Built 1980 - 1989 (19%, 188 units), and the ones Built 1970 - 1979 (18%, 175 units).

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

Moved in 2021 or later 39
Moved in 2018 to 2020 514
Moved in 2010 to 2017 407
Moved in 2000 to 2009 32

Median year renter moved into unit 2018

Most Wendell, North Carolina renters (52%) moved in 2018 to 2020, while only 3% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Wendell, North Carolina condos for rent is 2018.

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

No vehicle available 220
1 vehicle available 357
2 vehicles available 139
3 vehicles available 206
4 or more vehicles available 70

When it comes to transportation options, 36% of Wendell, North Carolina renters have 1 vehicle available per household, 22% of them have No vehicle available, and 21% have 3 vehicles available.

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

Car, truck, or van - drove alone 956
Car, truck, or van - carpooled 94
Taxicab, motorcycle, bicycle, or other means 44
Worked at home 230

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

Same house as 1 year ago 1,512
Moved within same county 527
Moved from different county within same state 170
Moved from abroad 43

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 Wendell, 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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