How much does it cost to rent in Spring Lake, NC?

As of July 2026, the median monthly rent in Spring Lake, NC is $1,420. This figure is based on aggregated data from public sources and community-submitted rents.

Is Spring Lake cheaper than other North Carolina cities?

Spring Lake is among the more affordable cities in North Carolina, ranking #102 out of 126 cities at $1,420/mo.

When was Spring Lake rent data last updated?

Spring Lake rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · NC

Spring Lake

Name: Average Rent Prices in Spring Lake, NC
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 11,573·102nd most expensive in North Carolina·Spring Lake rents are up 5.8% over the past year

Median rent (all units)

$1,420/mo

Year-over-Year

+5.8%

Month-over-Month

+0.3%

vs US Median

-$545

Stable (Monthly)

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Most AffordableMost Expensive

Spring Lake · $1,420

More affordable than 80% of US cities · National median $1,965/mo

Rent Reality Score

53/100

Fairly priced

OverheatedFairGreat value

Rents are right about where Spring Lake's 10-year trend predicts.

Actual rent

$1,420/mo

Expected by trend

$1,442/mo

The Rent Reality Score compares today's median rent to where Spring Lake's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,010

1 BR

$1,010

2 BR

$1,170

3 BR

$1,600

4 BR+

$1,980

Research median

$1,170/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$17,040/yr

At $1,420/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.8% YoY, +0.3% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Spring Lake, NC is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 25.2% of residents hold a bachelor's degree or higher.

Population

11,573

Median income

$51,958

Median age

26.1

Renters

80.2%

Age distribution

25.2%

42.8%

17.6%

Under 1825.2%

18–3442.8%

35–5417.6%

55–646.5%

65+7.9%

Gender

49%

51%

Male49%

Female51%

Race & ethnicity

38%

34.7%

17.8%

White38%

Black34.7%

Hispanic17.8%

Asian2.2%

Other7.4%

Education (25+)

28.3%

39.6%

25.2%

No HS diploma6.9%

HS diploma28.3%

Some college39.6%

Bachelor's+25.2%

Housing tenure

19.8%

80.2%

Owner19.8%

Renter80.2%

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

2022 vs 2026

How Spring Lake, NC has changed in 5 years

Rent

$1,219 → $1,420

up 16.5%

Income

$39,659 → $51,958

up 31.0%

Population

11,629 → 11,573

down 0.5%

Renter share

78.2% → 80.2%

+2.0 pts

Bachelor's+

27.1% → 25.2%

-1.9 pts

Median age

24.8 → 26.1

+1.3 yrs

Across the past five years, the going rent in Spring Lake, NC has shifted from $1,219 to $1,420, up 16.5% since 2022. Census figures show median household income at $51,958 today, compared with $39,659 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. The renter share has risen from 78.2% to 80.2%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

Discussions about Spring Lake

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View Spring Lake rent history (2015–2026) →

Salary vs rent

Can you afford rent in Spring Lake on your salary?

At $1,420/mo, how Spring Lake rent compares to typical pay (30% rule).

Registered Nurse

Avg $88,811/yr · Rent = 19.2% income

very comfortable

Elementary School Teacher

Avg $63,055/yr · Rent = 27% income

affordable

Police Officer

Avg $72,634/yr · Rent = 23.5% income

affordable

Software Developer

Avg $129,823/yr · Rent = 13.1% income

very comfortable

Lawyer

Avg $165,882/yr · Rent = 10.3% income

very comfortable

Firefighter

Avg $59,041/yr · Rent = 28.9% income

affordable

Truck Driver

Avg $53,307/yr · Rent = 32% income

stretched

Electrician

Avg $65,706/yr · Rent = 25.9% income

affordable

By apartment size

Spring Lake rent by bedroom count

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

Local insights

Tips for renters in Spring Lake

About renting in Spring Lake, NC

Last updated: July 20, 2026

The median rent in Spring Lake is $1,420/mo as of July 2026. A studio apartment averages $1,010/mo while a 2-bedroom runs $1,170/mo. One-bedroom apartments average $1,010/mo and 3-bedroom units go for $1,600/mo.

At 33% of local median household income ($51,958/yr), Spring Lake ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.

FAQ

Frequently asked questions

Is Spring Lake an affordable city for renters?

Spring Lake is considered moderate for renters. At $1,420/mo, rent takes approximately 33% of the local median household income ($51,958/yr). The standard benchmark is 30%. Spring Lake slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Spring Lake?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,420/mo in Spring Lake. The local median household income is $51,958/yr, meaning the typical Spring Lake household falls short of that threshold.

Is rent going up or down in Spring Lake?

Rent in Spring Lake has increased 5.8% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Spring Lake rent compare to other cities in North Carolina?

Spring Lake is one of the more affordable cities in North Carolina for rent, ranking #102 out of 126 tracked cities at $1,420/mo.

Which nearby cities are cheaper to rent in than Spring Lake?

Fayetteville is nearby and more affordable at $1,401/mo, which is $19 less than Spring Lake.

What percentage of Spring Lake residents rent vs. own?

According to Census data, approximately 80.2% of Spring Lake households are renters, while 19.8% are owner-occupied. With a majority renter population, Spring Lake has a strong rental market.

How does Spring Lake rent compare to the national average?

Spring Lake's median rent of $1,420/mo is $545 (28%) below the US national median of $1,965/mo. Within North Carolina, it ranks #102 out of 126 tracked cities.

Income Affordability

33%

MODERATE

At $1,420/mo, rent takes ~33% of Spring Lake's median household income ($51,958/yr). The standard benchmark is 30%.

Spring Lake 33%Benchmark 30%

State income tax4.5%

Run the Spring Lake affordability calculator →

Nearby cities