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City Report · NC

Weaverville

Pop. 4,687·73rd most expensive in North Carolina·Rental market data updated monthly for Weaverville, NC
Median rent (all units)
$1,685/mo
Year-over-Year
+3.2%
Month-over-Month
+2.7%
vs US Median
-$280
Rising (Monthly)
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Most AffordableMost Expensive
Weaverville · $1,685
More affordable than 63% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,685/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$67,000/yr
Local median income
$88,221/yr
Based on the 30%-of-income rule using Weaverville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,290
1 BR
$1,350
2 BR
$1,520
3 BR
$1,950
4 BR+
$2,570
Research median
$1,520/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
$20,220/yr
At $1,685/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.2% YoY, +2.7% MoM), not inventory.
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Demographics

Who lives here

Weaverville, NC is majority owner-occupied, has a large retiree population, 64% of residents hold a bachelor's degree or higher.

Population
4,687
Median income
$88,221
Median age
54.8
Renters
27.5%
Age distribution
14.4%
13%
23%
22%
27.7%
Under 1814.4%
18–3413%
35–5423%
55–6422%
65+27.7%
Gender
41.5%
58.5%
Male41.5%
Female58.5%
Race & ethnicity
82.6%
White82.6%
Black10.7%
Hispanic4%
Other2.6%
Education (25+)
22.8%
64%
No HS diploma1.6%
HS diploma11.6%
Some college22.8%
Bachelor's+64%
Housing tenure
72.5%
27.5%
Owner72.5%
Renter27.5%

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

2021 vs 2026

How Weaverville, NC has changed in 5 years

Income
$71,538 → $88,221
up 23.3%
Population
4,476 → 4,687
up 4.7%
Renter share
23.8% → 27.5%
+3.7 pts
Bachelor's+
57.2% → 64%
+6.8 pts
Median age
50.5 → 54.8
+4.3 yrs

Local incomes tracked alongside that move, going from a median of $71,538 in 2021 to $88,221 more recently. Headcount in the area went from 4,476 to 4,687 between 2021 and 2024, a 4.7% change. About 27.5% of households rent today, against 23.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 57.2% to 64%.

Community

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

Can you afford rent in Weaverville on your salary?

At $1,685/mo, how Weaverville rent compares to typical pay (30% rule).

By apartment size

Weaverville rent by bedroom count

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

Local insights

Tips for renters in Weaverville

About renting in Weaverville, NC

Last updated: July 20, 2026

The median rent in Weaverville is $1,685/mo as of July 2026. A studio apartment averages $1,290/mo while a 2-bedroom runs $1,520/mo. One-bedroom apartments average $1,350/mo and 3-bedroom units go for $1,950/mo.

At 23% of local median household income ($88,221/yr), Weaverville ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

Is Weaverville an affordable city for renters?

Weaverville is considered very affordable for renters. At $1,685/mo, rent takes approximately 23% of the local median household income ($88,221/yr). The standard benchmark is 30%. Weaverville falls comfortably within that range.

How much income do you need to rent in Weaverville?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,685/mo in Weaverville. The local median household income is $88,221/yr, meaning the typical Weaverville household meets that threshold.

Is rent going up or down in Weaverville?

Rent in Weaverville has increased 3.2% over the past year as of July 2026, putting upward pressure on renter budgets.

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

Weaverville is middle-of-the-pack for North Carolina for rent, ranking #73 out of 126 tracked cities at $1,685/mo.

Which nearby cities are cheaper to rent in than Weaverville?

Arden is nearby and more affordable at $1,547/mo, which is $138 less than Weaverville.

What percentage of Weaverville residents rent vs. own?

According to Census data, approximately 27.5% of Weaverville households are renters, while 72.5% are owner-occupied. Weaverville leans toward homeownership, which can mean a smaller rental inventory.

How does Weaverville rent compare to the national average?

Weaverville's median rent of $1,685/mo is $280 (14%) below the US national median of $1,965/mo. Within North Carolina, it ranks #73 out of 126 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,685/mo, rent takes ~23% of Weaverville's median household income ($88,221/yr). The standard benchmark is 30%.

Weaverville 23%Benchmark 30%
State income tax4.5%
Run the Weaverville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Weaverville, NC

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