Rents are right about where Spring Lake'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 $1,425 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: August 17, 2026
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Spring Lake, NC has changed in 5 years
Across the past five years, the going rent in Spring Lake, NC has shifted from $1,219 to $1,425, up 16.9% 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.
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Can you afford rent in Spring Lake on your salary?
At $1,425/mo, how Spring Lake rent compares to typical pay (30% rule).
Spring Lake rent by bedroom count
Median rent for each apartment size in Spring Lake. Click any size for full breakdown.
Tips for renters in Spring Lake
Last updated: August 17, 2026
The median rent in Spring Lake is $1,425/mo as of August 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 4.8% over the past year.
Frequently asked questions
Is Spring Lake an affordable city for renters?
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Is rent going up or down in Spring Lake?
How does Spring Lake rent compare to other cities in North Carolina?
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What percentage of Spring Lake residents rent vs. own?
How does Spring Lake rent compare to the national average?
At $1,425/mo, rent takes ~33% of Spring Lake's median household income ($51,958/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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