Average Rent in Davidson County, NC↓ Rents falling 2.2% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 171,063
Market Overview
Davidson County, NC has rental prices ranging from $790/month to $1,536/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $812/month — 42% below the national average of $1,400/month. With a median household income of $62,426/year, spending $812/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How Davidson County Compares
With an average 2-bedroom rent of $933/month, Davidson County ranks #58 most expensive of the 87 cities tracked in North Carolina — more affordable than 60% of all US cities in our data.
The Davidson County Rental Market
The Davidson County, NC area has a population of about 171,063 and 27% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Davidson County, NC have fallen by $21/month (2.2%) over the past year, from $954 to $933. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Davidson County, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,480. The local median household income of $62,426 exceeds that threshold by $29,946, making Davidson County relatively accessible compared to local wages.
Economy & Jobs
Davidson County, NC has an unemployment rate of 3.7%, 0.2 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2025Is Davidson County, NC Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in NClargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Anson County | $834 | $927 | $1,216 | $1,465 | — |
| Charlotte | $1,586 | $1,647 | $1,824 | $2,250 | — |
| Camden County | $982 | $990 | $1,129 | $1,582 | — |
| Virginia Beach | $1,475 | $1,483 | $1,696 | $2,361 | — |
| Raleigh | $1,533 | $1,592 | $1,763 | $2,192 | — |
| Greensboro | $999 | $1,039 | $1,150 | $1,463 | — |
Rent or Buy in Davidson County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Davidson County data
Renting appears to be the better financial choice for this scenario.
Living in Davidson County
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
Estimate your moving costs based on FMCSA public mover data
Select your origin state to see the estimate
Frequently Asked Questions
Explore More
Compare rent & home prices by neighborhood
💵Rent Affordability in Davidson CountySalary needed to afford rent here
🗺️All Cities in NCSee how Davidson County ranks statewide
⚖️Compare Davidson CountySide-by-side rent & cost of living with any city
📋NC Tenant RightsDeposit limits, eviction laws & renters protections