Rents are right about where Hope Mills's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,673 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Hope Mills is at its highest level since Zillow's records here began in June 2022.
Rent in Hope Mills changed +3.4% over the year to September 2026. Across the 94 North Carolina cities Zillow tracks, the typical change was +2.9%.
Rent has risen 5 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($65,774) is $1,644 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,230); a 3-bedroom is $1,660.
Fayetteville, 9 miles away, rents for 19% less ($1,362/mo), about $3,700 a year in savings.
From Zillow's monthly rent index (ZORI) for Hope Mills. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Hope Mills, NC is majority owner-occupied, has a large share of families with children, has a median income below the national average, 23.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Hope Mills, NC has changed in 5 years
Compared with 2023, rent in Hope Mills, NC has increased by $158 per month, settling near $1,673 after starting the period at $1,515. Household income in the area moved from $49,802 to $65,774 across the same window, up 32.1% versus 2021. Income growth outran rent by about 21.7 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 17,421 to 17,939 between 2021 and 2024, a 3.0% change. About 33.5% of households rent today, against 35.9% in 2021. Reading these numbers side by side helps frame whether current listings in Hope Mills, NC look reasonable against where the market sat half a decade ago.
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Can you afford rent in Hope Mills on your salary?
At $1,673/mo, how Hope Mills rent compares to typical pay (30% rule).
Hope Mills rent by bedroom count
Median rent for each apartment size in Hope Mills. Click any size for full breakdown.
Tips for renters in Hope Mills
Last updated: October 17, 2026
The median rent in Hope Mills is $1,673/mo as of October 2026. A studio apartment averages $1,070/mo while a 2-bedroom runs $1,230/mo. One-bedroom apartments average $1,080/mo and 3-bedroom units go for $1,660/mo.
At 31% of local median household income ($65,774/yr), Hope Mills ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.
Frequently asked questions
How much income do you need to rent in Hope Mills?
Is rent going up or down in Hope Mills?
How does Hope Mills rent compare to other cities in North Carolina?
Which nearby cities are cheaper to rent in than Hope Mills?
At $1,673/mo, rent takes ~31% of Hope Mills's median household income ($65,774/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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