Market Summary

Downtown, Wake County, NC

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Median Home Price Price

$283,610 $283.6K

Median Monthly Rent Rent

$1,751 $1.8K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wake County

Region Price Rent GRM Display
Cloverdale
$290,607 $1,774 14.0x
Carpenter Village
$701,356 $1,832 32.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Wake County

Region Price Rent GRM Display
Homeplace II, Durham County, NC
$274,462 $1,897 12.0x
Omah Street, Durham County, NC
$254,668 $1,895 11.0x
Westwood, Cumberland County, NC
$237,630 $1,751 11.0x
Lincoln Heights, Mecklenburg County, NC
$231,702 $1,860 10.0x
Reedy Creek Plantation, Mecklenburg County, NC
$353,379 $1,882 16.0x
Slater Rd-Hamilton Circle, Mecklenburg County, NC
$280,161 $1,953 12.0x
Mineral Springs-Rumble Road, Mecklenburg County, NC
$312,890 $1,856 14.0x
Derita-Statesville, Mecklenburg County, NC
$280,749 $1,980 12.0x
Lincoln Forest, New Hanover County, NC
$336,310 $1,780 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
Chatham Pointe, Davidson County, TN
$367,002 $1,850 17.0x
Historic Old Hickory Village, Davidson County, TN
$332,598 $1,691 16.0x
Heron Walk, Davidson County, TN
$323,752 $1,807 15.0x
Cloverhill, Davidson County, TN
$324,761 $1,986 14.0x
Villages of Larchwood, Davidson County, TN
$363,980 $2,014 15.0x
Charlotte Park, Davidson County, TN
$473,274 $1,816 22.0x
Hannover, Harris County, TX
$302,518 $2,074 12.0x
Iah - Airport Area, Harris County, TX
$208,307 $1,635 11.0x
Anderson, San Joaquin County, CA
$389,346 $1,955 17.0x
Fleetwood, Davidson County, TN
$393,910 $1,868 18.0x
Irish Meadows, Tarrant County, TX
$299,258 $1,987 13.0x
Westmont, Mobile County, AL
$180,809 $1,227 12.0x
Downtown, Norfolk City, VA
$279,351 $1,723 14.0x
Woodland Terrace, Alachua County, FL
$266,697 $1,563 14.0x
Towne Village, Davidson County, TN
$316,723 $1,850 14.0x
Tam O'Shanter, San Joaquin County, CA
$392,816 $1,857 18.0x
Normandy Forest, Harris County, TX
$344,157 $2,054 14.0x
Pioneer, Dallas County, TX
$288,499 $1,711 14.0x
Elm Hill Acres, Davidson County, TN
$359,919 $1,750 17.0x
Heather Oaks, Osceola County, FL
$359,892 $2,261 13.0x
Tech Terrace, Lubbock County, TX
$225,747 $1,568 12.0x
Palm View, Alachua County, FL
$285,068 $1,560 15.0x
Greater Fondren Southwest, Harris County, TX
$236,492 $1,364 14.0x
Rose Village, Clark County, WA
$372,944 $1,874 17.0x
Forest Ridge, Johnson County, TX
$249,936 $1,986 10.0x
First Ward, Monongalia County, WV
$195,221 $1,210 13.0x
Nashboro Woods, Davidson County, TN
$368,982 $1,651 19.0x
Running Bear, Dallas County, TX
$304,591 $1,813 14.0x
Lake Bonny, Polk County, FL
$232,301 $1,408 14.0x
Bellevue Crest, Johnson County, TX
$255,433 $1,961 11.0x
Lyons Park, Broward County, FL
$412,869 $1,743 20.0x
Kingwood, Harris County, TX
$330,565 $1,898 15.0x
Trailwood, Davidson County, TN
$385,760 $2,026 16.0x
Fiesta, Maricopa County, AZ
$379,915 $1,891 17.0x
Grant Park, Hillsborough County, FL
$258,151 $1,690 13.0x
Williams Creek, Franklin County, OH
$218,507 $1,411 13.0x
Antioch Park, Davidson County, TN
$311,517 $1,836 14.0x
Arrowhead, Duval County, FL
$284,285 $1,822 13.0x
Greer Meadows, Davidson County, TN
$322,356 $1,873 14.0x

Home prices

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Monthly rent

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GRM

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Downtown

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Trend Insights

Median Rent in Downtown, NC is $1,751, with MoM change +$6 and YoY change +$22 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Downtown, NC.

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Metric
Base market Downtown, NC
Compare market Select a market
Delta vs base
Median rent
$1,751
N/A
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Median price
$283,610
N/A
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YoY change
+$22
N/A
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Price-to-rent
13.5x
Data unavailable
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