City Report · NC

Greenville

Pop. 92,857·101st most expensive in North Carolina·Rental market data updated monthly for Greenville, NC
Median rent (all units)
$1,460/mo
Year-over-Year
+2.0%
Month-over-Month
-0.3%
vs US Median
-$472
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Greenville · $1,460
More affordable than 78% of US cities · National median $1,932/mo
Rent Reality Score
63/100
Good value
OverheatedFairGreat value

Rents are 6% below what Greenville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,460/mo
Expected by trend
$1,560/mo
The Rent Reality Score compares today's median rent to where Greenville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$915
2 BR
$1,135
3 BR
$1,535
4 BR+
$1,905
Fair Market Rent (HUD)
$1,135/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,460 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

Compared with the peak

Rent in Greenville is 1.2% below its high of $1,477 in April 2026, at $1,460 as of September 2026.

Past year vs. the rest of North Carolina

Rent in Greenville changed +2.0% over the year to September 2026. Across the 94 North Carolina cities Zillow tracks, the typical change was +2.9%.

Rent vs. income since 2019

From 2019 to 2024, rent in Greenville rose 47.6% while median household income rose 21.7% ($40,875 to $49,748). Rent outpaced income.

Since before the pandemic

Rent in Greenville is 49.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 3 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($49,748) is $1,244 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,135); a 3-bedroom is $1,535.

Cheaper nearby

Washington, 18 miles away, rents for 12% less ($1,285/mo), about $2,100 a year in savings.

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

Annual cost
$17,520/yr
At $1,460/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 (+2.0% YoY, -0.3% MoM), not inventory.
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Demographics

Who lives here

Greenville, NC is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 39.1% of residents hold a bachelor's degree or higher.

Population
92,857
Median income
$49,748
Median age
27.3
Renters
67.3%
Age distribution
18.8%
42%
20%
Under 1818.8%
18–3442%
35–5420%
55–648.1%
65+11.1%
Gender
45.7%
54.3%
Male45.7%
Female54.3%
Race & ethnicity
49%
39.9%
White49%
Black39.9%
Hispanic5.5%
Asian2.8%
Other2.7%
Education (25+)
22.5%
31.5%
39.1%
No HS diploma7%
HS diploma22.5%
Some college31.5%
Bachelor's+39.1%
Housing tenure
32.7%
67.3%
Owner32.7%
Renter67.3%

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

2021 vs 2026

How Greenville, NC has changed in 5 years

Rent
$1,045 → $1,460
up 39.7%
Income
$44,064 → $49,748
up 12.9%
Population
87,815 → 92,857
up 5.7%
Renter share
66.7% → 67.3%
+0.6 pts
Bachelor's+
38.9% → 39.1%
+0.2 pts
Median age
26.8 → 27.3
+0.5 yrs

Compared with 2021, rent in Greenville, NC has increased by $415 per month, settling near $1,460 after starting the period at $1,045. Census figures show median household income at $49,748 today, compared with $44,064 five years earlier. Rent outpaced income growth by roughly 26.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 87,815 to 92,857 between 2021 and 2024, a 5.7% change. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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

Can you afford rent in Greenville on your salary?

At $1,460/mo, how Greenville rent compares to typical pay (30% rule).

By apartment size

Greenville rent by bedroom count

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

Local insights

Tips for renters in Greenville

About renting in Greenville, NC

Last updated: October 17, 2026

The median rent in Greenville is $1,460/mo as of October 2026. A studio apartment averages $910/mo while a 2-bedroom runs $1,135/mo. One-bedroom apartments average $915/mo and 3-bedroom units go for $1,535/mo.

At 35% of local median household income ($49,748/yr), Greenville ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Greenville?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,460/mo in Greenville. The local median household income is $49,748/yr, so the typical household falls short of that bar.

Is rent going up or down in Greenville?

Rent in Greenville has risen 2.0% over the past year as of September 2026. It sits 1.2% below its high of $1,477 in April 2026.

Has rent outpaced income in Greenville?

Yes. From 2019 to 2024, rent in Greenville rose 47.6% while median household income rose 21.7%, from $40,875 to $49,748. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Greenville neighborhoods have the lowest rent?

The most affordable ZIP codes in Greenville are 27834 ($1,423/mo), and 27858 ($1,586/mo). Citywide, the median rent is $1,460/mo.

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

Greenville is one of the more affordable among North Carolina cities for rent, ranking #101 of 129 tracked cities at $1,460/mo. Over the year to September 2026, rent in Greenville changed +2.0%, against a typical +2.9% across the 94 North Carolina cities Zillow tracks.

Which nearby cities are cheaper to rent in than Greenville?

Nearby cities with lower median rent than Greenville ($1,460/mo) include Kinston ($1,181/mo), Rocky Mount ($1,259/mo), and Washington ($1,285/mo).
Income Affordability
35%
MODERATE

At $1,460/mo, rent takes ~35% of Greenville's median household income ($49,748/yr). The standard benchmark is 30%.

Greenville 35%Benchmark 30%
State income tax4.5%
Run the Greenville affordability calculator →
Lowest-rent ZIP codes in Greenville
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Greenville, NC

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