The Most and Least Expensive Areas to Rent in Laurel, NC

Laurel renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.

Laurel, NC map of rent costs by neighborhood

Rental Price Key

Luxury
High-end
Mid-tier
Most affordable

 

On average, the cost of rent in Laurel is about $720 per month. This puts it in the 22nd percentile compared to the state average cost of rent, which is $1,125. Households in Laurel have a median income of $3,244 per month so the average renter in Laurel is spending roughly 22% of their earnings on housing.

Nationally, and in Laurel, home values are the data point most closely correlated with the cost of rent. The median price of a home in Laurel is $179,483 right now, which is higher than cities nearby, meaning that rents in Laurel also tend to be higher versus these nearby cities.

Higher rent prices are common in the central parts of Laurel while lower rent rates are often available in central areas.

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