Woodfin, 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 Woodfin, North Carolina rental market.

Woodfin, North Carolina

Average Apartment Rent

$1,676

Y-o-Y Change in Average
Apartment Rent

-2.9%

As of June 2026

Compared to a year ago, Woodfin, North Carolina apartments have recorded a -2.9% rent decrease.

Woodfin, North Carolina Average apartment rent trend

Median Rent Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Woodfin $1,715 $1,723 $1,734 $1,755 $1,725 $1,726 $1,697 $1,660
National $1,721 $1,725 $1,747 $1,739 $1,746 $1,761 $1,748 $1,750
Woodfin
National
Nov 2023
$1,715
$1,721
Mar 2024
$1,723
$1,725
Jul 2024
$1,734
$1,747
Nov 2024
$1,755
$1,739
Mar 2025
$1,725
$1,746
Jul 2025
$1,726
$1,761
Nov 2025
$1,697
$1,748
Mar 2026
$1,660
$1,750

Woodfin, North Carolina Average Apartment Rent

Woodfin, 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 47.62%, apartments priced $1,500 - $2,000 represent the bulk of Woodfin, North Carolina rentals, while condos priced Over $3,000 hold the lowest share of the market – 1.11%.

Woodfin, North Carolina Housing tenure**

Renter occupied housing units 1,385
Owner occupied housing units 1,573

Renters take up 47% of Woodfin, North Carolina real estate, occupying a total of 1,385 units, while homeowners live in 1,573 properties.

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

3.9

Renter median household income**

$46,983

Average household size of renter-occupied housing units**

2.29

Rental vacancy rate**

11.5%

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

No bedrooms 79
1 bed 274
2 beds 879
3 beds 129
4 beds 24

There are 879 rentals in Woodfin, North Carolina with 2 beds making up the highest share of the market, at 63%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 24 units. Overall, the median number of rooms in Woodfin, North Carolina homes for rent is 3.9.

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

15 - 24 years 125
25 - 34 years 293
35 - 44 years 286
45 - 54 years 284
55 - 59 years 101
60 - 64 years 46
65 - 74 years 83
75 - 84 years 98
85 years and over 69

Most condos for rent in Woodfin, North Carolina are occupied by residents in the 45 - 54 years age group (21%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 3%.

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

Family households 545
Non-Family Households 840

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

With related children of the householder under 18 230
No related children of the householder under 18 1,155

A total of 545 apartments for rent in Woodfin, North Carolina, or 39% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 230 units. All in all, the median size of a renter-occupied household in Woodfin, North Carolina is 2.29.

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

Less than high school graduate 95
High school graduate (including equivalency) 376
Some college or associate's degree 381
Bachelor's degree or higher 533

In terms of education, renters holding bachelor degrees or higher make up 38% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Woodfin, North Carolina.

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

Built 2020 or later 8
Built 2010 - 2019 469
Built 2000 - 2009 243
Built 1990 - 1999 175
Built 1980 - 1989 94
Built 1970 - 1979 165
Built 1960 - 1969 16
Built 1950 - 1959 15
Built 1940 - 1949 68
Built 1939 or earlier 132

The highest share of Woodfin, North Carolina apartment rentals, namely 34% or 469 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (18%, 243 units), and the ones Built 1990 - 1999 (13%, 175 units).

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

Moved in 2021 or later 129
Moved in 2018 to 2020 597
Moved in 2010 to 2017 611
Moved in 2000 to 2009 38
Moved in 1990 to 1999 10

Median year renter moved into unit 2018

Most Woodfin, North Carolina renters (44%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Woodfin, North Carolina condos for rent is 2018.

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

No vehicle available 95
1 vehicle available 666
2 vehicles available 511
3 vehicles available 94
4 or more vehicles available 19

When it comes to transportation options, 48% of Woodfin, North Carolina renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 7% have No vehicle available.

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

Car, truck, or van - drove alone 1,255
Car, truck, or van - carpooled 48
Public transportation (excluding taxicab) 9
Worked at home 452

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

Same house as 1 year ago 2,350
Moved within same county 463
Moved from different county within same state 159
Moved from different state 144

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 Woodfin, 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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