Last updated
Average Rent in Carrboro, NC & Rent Trends
Rent prices and market trends across 4 apartment communities in Carrboro, NC. Updated daily.
Market Average
$1,205/mo
Lowest Available
$1,075/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
43
available now
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Is Rent Going Up or Down in Carrboro, NC?
As of October 2026, the average rent in Carrboro, NC is $1,205 per month across 4 apartment communities and 43 available units.
The most affordable option is Estes Park Apartments starting at $1,075/mo. By unit type, a 1-bedroom averages $1,181/mo, a 2-bedroom averages $1,241/mo.
Prices range from $1,075 to $1,745 per month. The most common price point is the $1,000 range, where 34 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Carrboro, NC
Rent Prices by Apartment in Carrboro, NC
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Estes Park Apartments | $1,075/mo | $1,133/mo | 24 | 4.2 |
| Ridgewood Apartments | $1,160/mo | $1,160/mo | 5 | 4.5 |
| University Lake Apartments | $1,183/mo | $1,183/mo | 6 | 4.2 |
| River View | $1,295/mo | $1,464/mo | 8 | 4.4 |
Frequently Asked Questions About Rent in Carrboro, NC
What is the average rent in Carrboro, NC?
Is rent going up or down in Carrboro, NC?
What is the cheapest apartment in Carrboro, NC?
How much is a 1-bedroom apartment in Carrboro, NC?
How many apartments are available in Carrboro, NC?
What salary do I need to live comfortably in Carrboro, NC?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$48,000/year
Based on the 30 percent rule, using our tracked average rent of $1,205/mo.
Comfortable income
$58,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,075/mo), you need to earn at least $43,000/year.
Median household income in Carrboro, NC is $85,927 , about 49% above the comfortable-living threshold.
Cost of living in Carrboro, NC
Overall prices in Carrboro, NC runs below the national average by about 3% (BEA Regional Price Parity index 97.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Carrboro, NC's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,205 |
| Utilities | $415 |
| Groceries | $523 |
| Transportation | $988 |
| Healthcare | $482 |
| Other goods and services | $771 |
| Estimated total | $4,383/mo |
Population
21,170
Median household income
$85,927
Census median rent
$1,337/mo
Census rent burden
29.6%
Median age
34.0
Mean commute
23 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Carrboro, NC Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
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