9 Apartments under 800 for rent in Burlington, NC

Last updated January 17 at 11:42pm UTC
816 Avon Avenue
Burlington
Burlington, NC
Updated January 16 at 11:24am UTC
2 Bedrooms
$650
2729 Woodbury Drive - 2729U
Burlington
Burlington, NC
Updated January 3 at 3:35pm UTC
3 Bedrooms
$695
1107 Plaid Street
Burlington
Burlington, NC
Updated January 1 at 12:21pm UTC
1 Bedroom
$650
630 NORTH AVE
Burlington
Burlington, NC
Updated January 11 at 11:57am UTC
2 Bedrooms
$650
405 Elm Court
Burlington
Burlington, NC
Updated January 12 at 12:14pm UTC
3 Bedrooms
$750
827 TOM BARNWELL TRAIL
Burlington
Burlington, NC
Updated January 12 at 12:08pm UTC
1 Bedroom
$475
Results within 1 miles of Burlington, NC
814 Harris St
Burlington
Burlington, NC
Updated January 3 at 3:48pm UTC
3 Bedrooms
$735
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January 2018 Burlington Rent Report

Welcome to the January 2018 Burlington Rent Report. Burlington rents declined over the past month. In this report, we'll evaluate trends in the Burlington rental market, including comparisons to cities throughout the state and nation.

View full Burlington Rent Report
Rent Report
Burlington

January 2018 Burlington Rent Report

Welcome to the January 2018 Burlington Rent Report. Burlington rents declined over the past month. In this report, we'll evaluate trends in the Burlington rental market, including comparisons to cities throughout the state and nation.

Burlington rents declined moderately over the past month

Burlington rents have declined 0.4% over the past month, but are up moderately by 2.1% in comparison to the same time last year. Currently, median rents in Burlington stand at $750 for a one-bedroom apartment and $930 for a two-bedroom. Burlington's year-over-year rent growth lags the state average of 3.0%, as well as the national average of 2.8%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Burlington, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, all of them have seen prices rise. The state as a whole logged rent growth of 3.0% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,210; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with High Point experiencing the fastest growth (+7.2%).
  • Winston-Salem, Fayetteville, and Greenville have all experienced year-over-year growth above the state average (5.3%, 4.7%, and 3.6%, respectively).

Burlington rents more affordable than many large cities nationwide

As rents have increased moderately in Burlington, a few large cities nationwide have also seen rents grow modestly. Burlington is still more affordable than most large cities across the country.

  • Burlington's median two-bedroom rent of $930 is below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 2.1% rise in Burlington.
  • While Burlington's rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in Burlington than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than three times the price in Burlington.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.