City Report · NC

Spring Lake

Pop. 11,573·105th most expensive in North Carolina·Rental market data updated monthly for Spring Lake, NC
Median rent (all units)
$1,430/mo
Year-over-Year
+0.2%
Month-over-Month
-0.6%
vs US Median
-$502
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Spring Lake · $1,430
More affordable than 80% of US cities · National median $1,932/mo
Rent Reality Score
62/100
Good value
OverheatedFairGreat value

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

Actual rent
$1,430/mo
Expected by trend
$1,524/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
Fair Market Rent (HUD)
$1,170/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,430 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 Spring Lake is 2.3% below its high of $1,463 in April 2026, at $1,430 as of September 2026.

Past year vs. the rest of North Carolina

Rent in Spring Lake changed +0.2% over the year to September 2026. Across the 94 North Carolina cities Zillow tracks, the typical change was +2.9%.

Recent direction

Rent has fallen 4 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($51,958) is $1,299 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,170); a 3-bedroom is $1,600.

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

Annual cost
$17,160/yr
At $1,430/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 (+0.2% YoY, -0.6% MoM), not inventory.
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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
$1,294 → $1,430
up 10.5%
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 $1,294 to $1,430, up 10.5% 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 $1,430/mo, how Spring Lake rent compares to typical pay (30% rule).

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: October 17, 2026

The median rent in Spring Lake is $1,430/mo as of October 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 0.2% over the past year.

FAQ

Frequently asked questions

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 (about $27/hour full-time) to afford the median rent of $1,430/mo in Spring Lake. The local median household income is $51,958/yr, so the typical household falls short of that bar.

Is rent going up or down in Spring Lake?

Rent in Spring Lake has been roughly flat over the past year as of September 2026, a +0.2% change. It sits 2.3% below its high of $1,463 in April 2026.

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

Spring Lake is one of the more affordable among North Carolina cities for rent, ranking #105 of 129 tracked cities at $1,430/mo. Over the year to September 2026, rent in Spring Lake changed +0.2%, against a typical +2.9% across the 94 North Carolina cities Zillow tracks.

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

Nearby cities with lower median rent than Spring Lake ($1,430/mo) include Fayetteville ($1,362/mo).
Income Affordability
33%
MODERATE

At $1,430/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 →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Spring Lake, NC

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