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City Report · NC

Midway Park

·97th most expensive in North Carolina·Midway Park rents are up 11.9% over the past year
Median rent (all units)
$1,469/mo
Year-over-Year
+11.9%
Month-over-Month
+1.2%
vs US Median
-$496
Rising (Monthly)
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Most AffordableMost Expensive
Midway Park · $1,469
More affordable than 78% of US cities · National median $1,965/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,469/mo, rent takes about 24% of the US median household income, comfortably within the 30% benchmark.

Income to afford
$59,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Midway Park's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$850
1 BR
$930
2 BR
$1,150
3 BR
$1,620
4 BR+
$1,950
Research median
$1,150/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$17,628/yr
At $1,469/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.9% YoY, +1.2% MoM), not inventory.
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Community

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View Midway Park rent history (2015–2026) →
Salary vs rent

Can you afford rent in Midway Park on your salary?

At $1,469/mo, how Midway Park rent compares to typical pay (30% rule).

By apartment size

Midway Park rent by bedroom count

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

Local insights

Tips for renters in Midway Park

About renting in Midway Park, NC

Last updated: July 20, 2026

The median rent in Midway Park is $1,469/mo as of July 2026. A studio apartment averages $850/mo while a 2-bedroom runs $1,150/mo. One-bedroom apartments average $930/mo and 3-bedroom units go for $1,620/mo.

At 24% of estimated US median household income ($72,000/yr), Midway Park ranks as affordable compared to the national benchmark of 30%. Rents have increased 11.9% over the past year.

FAQ

Frequently asked questions

Is Midway Park an affordable city for renters?

Midway Park is considered very affordable for renters. At $1,469/mo, rent takes approximately 24% of the US median household income ($72,000/yr). The standard benchmark is 30%. Midway Park falls comfortably within that range.

How much income do you need to rent in Midway Park?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,469/mo in Midway Park.

Is rent going up or down in Midway Park?

Rent in Midway Park has increased 11.9% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Midway Park rent compare to other cities in North Carolina?

Midway Park is one of the more affordable cities in North Carolina for rent, ranking #97 out of 126 tracked cities at $1,469/mo.

Which nearby cities are cheaper to rent in than Midway Park?

Jacksonville is nearby and more affordable at $1,395/mo, which is $74 less than Midway Park.

How does Midway Park rent compare to the national average?

Midway Park's median rent of $1,469/mo is $496 (25%) below the US national median of $1,965/mo. Within North Carolina, it ranks #97 out of 126 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,469/mo, rent takes ~24% of US median household income ($72,000/yr). The standard benchmark is 30%.

Midway Park 24%Benchmark 30%
State income tax4.5%
Run the Midway Park affordability calculator →
Lowest-rent ZIP codes in Midway Park
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Midway Park, NC

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