Hickory-Lenoir-Morganton, NC Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Hickory-Lenoir-Morganton, NC
The median asking rent in Hickory-Lenoir-Morganton, NC is $1,700 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $284,133, that rent level prices Hickory-Lenoir-Morganton, NC at a 7.81% gross rental yield — compared with 7.28% across North Carolina.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Hickory-Lenoir-Morganton, NC rent and rental yield comparison
The current Hickory-Lenoir-Morganton, NC baseline is $1,700 median asking rent and 7.81% gross rental yield. Compare rent, yield, and home values with selected North Carolina metros, then open a public report or Rental Insights for property-level follow-up.
Charlotte-Concord-Gastonia, NC-SC
Charlotte-Concord-Gastonia, NC-SC median asking rent is $2,130, $430 (25.3%) higher than the $1,700 median asking rent in Hickory-Lenoir-Morganton, NC.
- Median rent
- $2,130
- Gross yield
- 7.06%
- Avg home value
- $358,175
Wilmington, NC
Wilmington, NC median asking rent is $2,200, $500 (29.4%) higher than the $1,700 median asking rent in Hickory-Lenoir-Morganton, NC.
- Median rent
- $2,200
- Gross yield
- 7.32%
- Avg home value
- $357,916
Raleigh-Cary, NC
Raleigh-Cary, NC median asking rent is $2,099, $399 (23.5%) higher than the $1,700 median asking rent in Hickory-Lenoir-Morganton, NC.
- Median rent
- $2,099
- Gross yield
- 6.65%
- Avg home value
- $375,593
Winston-Salem, NC
Winston-Salem, NC median asking rent is $1,795, $95 (5.6%) higher than the $1,700 median asking rent in Hickory-Lenoir-Morganton, NC.
- Median rent
- $1,795
- Gross yield
- 8.15%
- Avg home value
- $259,338
Rocky Mount, NC
Rocky Mount, NC median asking rent is $1,463, $237 (13.9%) lower than the $1,700 median asking rent in Hickory-Lenoir-Morganton, NC.
- Median rent
- $1,463
- Gross yield
- 9.71%
- Avg home value
- $205,071
Kinston, NC
Kinston, NC median asking rent is $1,250, $450 (26.5%) lower than the $1,700 median asking rent in Hickory-Lenoir-Morganton, NC.
- Median rent
- $1,250
- Gross yield
- 9.68%
- Avg home value
- $196,073
Rockingham, NC
Rockingham, NC median asking rent is $1,300, $400 (23.5%) lower than the $1,700 median asking rent in Hickory-Lenoir-Morganton, NC.
- Median rent
- $1,300
- Gross yield
- 10.08%
- Avg home value
- $216,243
Laurinburg, NC
Laurinburg, NC median asking rent is $1,250, $450 (26.5%) lower than the $1,700 median asking rent in Hickory-Lenoir-Morganton, NC.
- Median rent
- $1,250
- Gross yield
- 10.48%
- Avg home value
- $207,248
Hickory-Lenoir-Morganton, NC rent and yield FAQ
Quick answers based on the latest Hickory-Lenoir-Morganton, NC rental listing and transaction data.
What is the average rent in Hickory-Lenoir-Morganton, NC?
As of July 2026, the median asking rent in Hickory-Lenoir-Morganton, NC is $1,700. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Hickory-Lenoir-Morganton, NC?
Hickory-Lenoir-Morganton, NC currently prices at a 7.81% gross rental yield, versus 7.28% across North Carolina. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Hickory-Lenoir-Morganton, NC market context to property-level screening
Open Rental Insights with Hickory-Lenoir-Morganton, NC selected, then pair the yield signal with investor activity and rental data workflows.