Metro data updated Jul 1, 2026

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.

7.81%
Gross Rental Yield
$1,700
Median Rent
$284,133
Avg Home Value
N/A
Transactions (30d)

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.

Gross yield
Metro
7.81%
State
7.28%
Median rent
Metro
$1,700
State
$1,995
Avg home value
Metro
$284,133
State
$327,674
30d transactions
Metro
N/A
State
N/A

Nearby metro yield comparison

Compare this metro with other North Carolina markets and jump directly into Rental Insights or a public metro report when a yield page is available.

Charlotte-Concord-Gastonia, NC-SC

N/A transactions last 30d

7.06%

Wilmington, NC

N/A transactions last 30d

7.32%

Raleigh-Cary, NC

N/A transactions last 30d

6.65%

Winston-Salem, NC

N/A transactions last 30d

8.15%

Rocky Mount, NC

N/A transactions last 30d

9.71%

Kinston, NC

N/A transactions last 30d

9.68%

Rockingham, NC

N/A transactions last 30d

10.08%

Laurinburg, NC

N/A transactions last 30d

10.48%

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.