City Report · NC

Burlington

Pop. 59,610·119th most expensive in North Carolina·One of the most affordable rental markets in the US
Median rent (all units)
$1,310/mo
Year-over-Year
+3.2%
Month-over-Month
+0.3%
vs US Median
-$622
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Burlington · $1,310
More affordable than 87% of US cities · National median $1,932/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Burlington's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,310/mo
Expected by trend
$1,437/mo
The Rent Reality Score compares today's median rent to where Burlington's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$855
1 BR
$1,075
2 BR
$1,190
3 BR
$1,500
4 BR+
$1,770
Fair Market Rent (HUD)
$1,190/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,310 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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

November. Asking rents in Burlington usually run 0.7% below trend in November and 0.6% above it in August, about $17 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in Burlington is at its highest level since Zillow's records here began in May 2021.

Past year vs. the rest of North Carolina

Rent in Burlington changed +3.2% over the year to September 2026. Across the 94 North Carolina cities Zillow tracks, the typical change was +2.9%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($56,880) is $1,422 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,190); a 3-bedroom is $1,500.

From Zillow's monthly rent index (ZORI) for Burlington. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,720/yr
At $1,310/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.2% YoY, +0.3% MoM), not inventory.
Rent check

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Demographics

Who lives here

Burlington, NC is roughly split between renters and owners, has a median income below the national average, 29.6% of residents hold a bachelor's degree or higher.

Population
59,610
Median income
$56,880
Median age
40.1
Renters
46.2%
Age distribution
23.5%
20.6%
25.2%
12.7%
18%
Under 1823.5%
18–3420.6%
35–5425.2%
55–6412.7%
65+18%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
46.7%
29.6%
19.5%
White46.7%
Black29.6%
Hispanic19.5%
Asian2.9%
Other1.3%
Education (25+)
13.8%
26.2%
30.4%
29.6%
No HS diploma13.8%
HS diploma26.2%
Some college30.4%
Bachelor's+29.6%
Housing tenure
53.8%
46.2%
Owner53.8%
Renter46.2%

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

2022 vs 2026

How Burlington, NC has changed in 5 years

Rent
$1,066 → $1,310
up 22.9%
Income
$47,158 → $56,880
up 20.6%
Population
56,563 → 59,610
up 5.4%
Renter share
45.4% → 46.2%
+0.8 pts
Bachelor's+
27.2% → 29.6%
+2.4 pts
Median age
38.8 → 40.1
+1.3 yrs

Across the past five years, the going rent in Burlington, NC has shifted from $1,066 to $1,310, up 22.9% since 2022. Census figures show median household income at $56,880 today, compared with $47,158 five years earlier. Census counts show Burlington, NC adding about 3,047 residents over the five-year window, up 5.4% on net. Bachelor's-degree-or-higher attainment moved from 27.2% to 29.6% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

Discussions about Burlington

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

Can you afford rent in Burlington on your salary?

At $1,310/mo, how Burlington rent compares to typical pay (30% rule).

By apartment size

Burlington rent by bedroom count

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

Local insights

Tips for renters in Burlington

About renting in Burlington, NC

Last updated: October 17, 2026

The median rent in Burlington is $1,310/mo as of October 2026. A studio apartment averages $855/mo while a 2-bedroom runs $1,190/mo. One-bedroom apartments average $1,075/mo and 3-bedroom units go for $1,500/mo.

At 28% of local median household income ($56,880/yr), Burlington ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Burlington?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,310/mo in Burlington. The local median household income is $56,880/yr, so the typical household meets that bar.

Is rent going up or down in Burlington?

Rent in Burlington has risen 3.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2021.

When is the cheapest time to rent in Burlington?

Asking rents in Burlington are usually lowest in November, about 0.7% below their yearly trend, and highest in August, about 0.6% above it. At today's median that is a gap of roughly $17 a month. This pattern comes from 5 years of Zillow rent data.

Which Burlington neighborhoods have the lowest rent?

The most affordable ZIP codes in Burlington are 27215 ($1,292/mo), and 27217 ($1,306/mo). Citywide, the median rent is $1,310/mo.

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

Burlington is one of the more affordable among North Carolina cities for rent, ranking #119 of 129 tracked cities at $1,310/mo. Over the year to September 2026, rent in Burlington changed +3.2%, against a typical +2.9% across the 94 North Carolina cities Zillow tracks.
Income Affordability
28%
AFFORDABLE

At $1,310/mo, rent takes ~28% of Burlington's median household income ($56,880/yr). The standard benchmark is 30%.

Burlington 28%Benchmark 30%
State income tax4.5%
Run the Burlington affordability calculator →
Lowest-rent ZIP codes in Burlington
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Burlington, NC

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