Data / Median gross rent (monthly) / Wake County

Median gross rent (monthly) in Wake County

Median gross rent (monthly) in Wake County was $1,623 in 2024, according to the U.S. Census Bureau. That is up 7.6% from 2023. That is the 2nd highest of 100 counties in 2024.

2024, USD1,623
Change on 2023+7.6%
Rank2nd of 100Counties in North Carolina ranked
Series high1,6232024
Series low1,2762021

Median gross rent (monthly) in Wake County, 2021 to 2024

CSVChart (SVG)

1,2001,3001,4001,5001,6001,70020212022202320242021: 1,276 USD2022: 1,412 USD2023: 1,508 USD2024: 1,623 USD
USD. Source: U.S. Census Bureau. Retrieved 2026-10-09, published 2026-01-29.
All 4 values
PeriodUSD
20241,623
20231,508
20221,412
20211,276

Compared with North Carolina and United States

Place2024
Wake County1,623
North Carolina1,228
United States1,413

Rankings

Definition

Monthly gross rent of renter-occupied housing units paying cash rent, at the middle of the distribution, in US dollars of the last year of the period. Gross rent is the contract rent plus the estimated cost of utilities and fuels paid by the renter. United States: American Community Survey five-year estimate, where the period shown is the last year of the five-year span.

A median, not an average, of what all renters pay, including long-standing leases, so it is lower than asking rents for new listings. Medians outside the published range are coded 99 (under 100) or 3,501 (3,500 or more) and marked as estimated.

How to cite

U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-09.

Use this data in your AI agent

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What is the latest median gross rent (monthly) in Wake County? Cite the source.
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Questions

What is the median gross rent (monthly) in Wake County?

Median gross rent (monthly) in Wake County was $1,623 in 2024, according to the U.S. Census Bureau. That is up 7.6% from 2023. That is the 2nd highest of 100 counties in 2024.

Where does this figure come from?

U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. Retrieved by Invokely on 2026-10-09.

What was the highest median gross rent (monthly) in Wake County?

$1,623 in 2024, the highest value since 2021 in this series.

More statistics for Wake County

All statistics for Wake County