City Report · NC

Brevard

Pop. 7,897·12th most expensive in North Carolina·Rental market data updated monthly for Brevard, NC
Median rent (all units)
$1,998/mo
Year-over-Year
Stable
Month-over-Month
-0.5%
vs US Median
+$66
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Brevard · $1,998
More expensive than 60% of US cities · National median $1,932/mo
Affordability
44% of income
STRETCHED
0%30% benchmark60%+

At $1,998/mo, rent takes about 44% of the local median household income, well above the 30% benchmark.

Income to afford
$80,000/yr
Local median income
$54,103/yr
Based on the 30%-of-income rule using Brevard's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$880
1 BR
$880
2 BR
$1,160
3 BR
$1,400
4 BR+
$1,740
Fair Market Rent (HUD)
$1,160/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,998 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($54,103) is $1,353 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,160); a 3-bedroom is $1,400.

From Zillow's monthly rent index (ZORI) for Brevard. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$23,976/yr
At $1,998/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.5% MoM), not inventory.
Rent check

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Demographics

Who lives here

Brevard, NC is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 43.5% of residents hold a bachelor's degree or higher.

Population
7,897
Median income
$54,103
Median age
50.3
Renters
49.1%
Age distribution
15.8%
18.8%
22%
31.5%
Under 1815.8%
18–3418.8%
35–5422%
55–6412%
65+31.5%
Gender
42.3%
57.7%
Male42.3%
Female57.7%
Race & ethnicity
80.7%
White80.7%
Black10.3%
Hispanic3.8%
Other4.8%
Education (25+)
20%
31.3%
43.5%
No HS diploma5.1%
HS diploma20%
Some college31.3%
Bachelor's+43.5%
Housing tenure
50.9%
49.1%
Owner50.9%
Renter49.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Brevard, NC has changed in 5 years

Income
$46,058 → $54,103
up 17.5%
Population
7,712 → 7,897
up 2.4%
Renter share
41.7% → 49.1%
+7.4 pts
Bachelor's+
37.5% → 43.5%
+6.0 pts
Median age
47.2 → 50.3
+3.1 yrs

Local incomes tracked alongside that move, going from a median of $46,058 in 2021 to $54,103 more recently. The population has grown by 2.4% since 2021, moving from about 7,712 residents to roughly 7,897. Renters now make up 49.1% of households, compared with 41.7% five years ago. College-educated residents now make up 43.5% of adults here, versus 37.5% in 2021.

Community

Discussions about Brevard

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View Brevard rent history (2015–2026) →
Salary vs rent

Can you afford rent in Brevard on your salary?

At $1,998/mo, how Brevard rent compares to typical pay (30% rule).

By apartment size

Brevard rent by bedroom count

Median rent for each apartment size in Brevard. Click any size for full breakdown.

Local insights

Tips for renters in Brevard

About renting in Brevard, NC

Last updated: September 25, 2026

The median rent in Brevard is $1,998/mo as of September 2026. A studio apartment averages $880/mo while a 2-bedroom runs $1,160/mo. One-bedroom apartments average $880/mo and 3-bedroom units go for $1,400/mo.

At 44% of local median household income ($54,103/yr), Brevard ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Brevard?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (about $38/hour full-time) to afford the median rent of $1,998/mo in Brevard. The local median household income is $54,103/yr, so the typical household falls short of that bar.

Is rent going up or down in Brevard?

Rent in Brevard has been roughly flat over the past year, a 0.0% change.

How does Brevard rent compare to other cities in North Carolina?

Brevard is one of the pricier among North Carolina cities for rent, ranking #12 of 129 tracked cities at $1,998/mo.

Which nearby cities are cheaper to rent in than Brevard?

Nearby cities with lower median rent than Brevard ($1,998/mo) include Cullowhee ($1,171/mo), Arden ($1,527/mo), and Waynesville ($1,628/mo).
Income Affordability
44%
STRETCHED

At $1,998/mo, rent takes ~44% of Brevard's median household income ($54,103/yr). The standard benchmark is 30%.

Brevard 44%Benchmark 30%
State income tax4.5%
Run the Brevard affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Brevard, NC

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