City Report · NC

Mooresville

Pop. 52,381·71st most expensive in North Carolina·Rental market data updated monthly for Mooresville, NC
Median rent (all units)
$1,675/mo
Year-over-Year
+2.1%
Month-over-Month
+0.6%
vs US Median
-$257
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Mooresville · $1,675
More affordable than 63% of US cities · National median $1,932/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

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

Actual rent
$1,675/mo
Expected by trend
$1,840/mo
The Rent Reality Score compares today's median rent to where Mooresville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,510
1 BR
$1,565
2 BR
$1,740
3 BR
$2,390
4 BR+
$2,920
Fair Market Rent (HUD)
$1,740/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,675 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

January. Asking rents in Mooresville usually run 1% below trend in January and 0.9% above it in July, about $32 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Mooresville is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of North Carolina

Rent in Mooresville changed +2.1% 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 Mooresville rose 38.4% while median household income rose 29.6% ($69,188 to $89,647). Rent outpaced income.

Since before the pandemic

Rent in Mooresville is 38.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($89,647) is $2,241 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,740); a 3-bedroom is $2,390.

Cheaper nearby

Salisbury, 21 miles away, rents for 17% less ($1,393/mo), about $3,400 a year in savings.

From Zillow's monthly rent index (ZORI) for Mooresville. 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
$20,100/yr
At $1,675/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.1% YoY, +0.6% MoM), not inventory.
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Demographics

Who lives here

Mooresville, NC is majority owner-occupied, has a median income above the national average, 45.5% of residents hold a bachelor's degree or higher.

Population
52,381
Median income
$89,647
Median age
35.8
Renters
41.7%
Age distribution
24.3%
24.5%
27.4%
12.7%
Under 1824.3%
18–3424.5%
35–5427.4%
55–6411.1%
65+12.7%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
71%
12.2%
White71%
Black12.2%
Hispanic8.3%
Asian4.4%
Other4.1%
Education (25+)
20%
29.1%
45.5%
No HS diploma5.3%
HS diploma20%
Some college29.1%
Bachelor's+45.5%
Housing tenure
58.3%
41.7%
Owner58.3%
Renter41.7%

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

2021 vs 2026

How Mooresville, NC has changed in 5 years

Rent
$1,358 → $1,675
up 23.3%
Income
$75,141 → $89,647
up 19.3%
Population
48,431 → 52,381
up 8.2%
Renter share
40.5% → 41.7%
+1.2 pts
Bachelor's+
43.8% → 45.5%
+1.7 pts

Five years ago, renters in Mooresville, NC paid around $1,358 a month. That figure now sits near $1,675, up 23.3% from the 2021 baseline. Household income in the area moved from $75,141 to $89,647 across the same window, up 19.3% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Mooresville, NC adding about 3,950 residents over the five-year window, up 8.2% on net. Reading these numbers side by side helps frame whether current listings in Mooresville, NC look reasonable against where the market sat half a decade ago.

Community

Discussions about Mooresville

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

Can you afford rent in Mooresville on your salary?

At $1,675/mo, how Mooresville rent compares to typical pay (30% rule).

By apartment size

Mooresville rent by bedroom count

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

Local insights

Tips for renters in Mooresville

About renting in Mooresville, NC

Last updated: October 17, 2026

The median rent in Mooresville is $1,675/mo as of October 2026. A studio apartment averages $1,510/mo while a 2-bedroom runs $1,740/mo. One-bedroom apartments average $1,565/mo and 3-bedroom units go for $2,390/mo.

At 22% of local median household income ($89,647/yr), Mooresville ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Mooresville?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,675/mo in Mooresville. The local median household income is $89,647/yr, so the typical household meets that bar.

Is rent going up or down in Mooresville?

Rent in Mooresville has risen 2.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Mooresville?

Asking rents in Mooresville are usually lowest in January, about 1% below their yearly trend, and highest in July, about 0.9% above it. At today's median that is a gap of roughly $32 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Mooresville?

Yes. From 2019 to 2024, rent in Mooresville rose 38.4% while median household income rose 29.6%, from $69,188 to $89,647. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Mooresville neighborhoods have the lowest rent?

The most affordable ZIP codes in Mooresville are 28117 ($1,584/mo), and 28115 ($1,968/mo). Citywide, the median rent is $1,675/mo.

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

Mooresville is in the middle among North Carolina cities for rent, ranking #71 of 129 tracked cities at $1,675/mo. Over the year to September 2026, rent in Mooresville changed +2.1%, against a typical +2.9% across the 94 North Carolina cities Zillow tracks.
Income Affordability
22%
VERY AFFORDABLE

At $1,675/mo, rent takes ~22% of Mooresville's median household income ($89,647/yr). The standard benchmark is 30%.

Mooresville 22%Benchmark 30%
State income tax4.5%
Run the Mooresville affordability calculator →
Lowest-rent ZIP codes in Mooresville
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Mooresville, NC

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