What is the median rent in Siler City, NC?

The median gross rent in Siler City, NC is $1,000 (±$213) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,284 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Siler City, the median gross rent went from $634 in 2015–2019 to $1,000 in 2020–2024 (+57.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$1,000 (±$213)
Rented homes
1,284 (±315)
$2,000 or more
4.8%
Since 2015–2019
+57.7%

How much rent costs in Siler City

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentSiler CityChatham CountyNorth CarolinaUnited States
Less than $5009.8% (±8.1 points)4.7%6.6%6.3%
$500 to $99940.2% (±15.9 points)33.8%27.5%20.2%
$1,000 to $1,49935.4% (±15.0 points)31.8%32.6%28.1%
$1,500 to $1,9999.7% (±11.7 points)11.3%21.4%21.1%
$2,000 to $2,4993.8% (±5.5 points)7.0%7.8%12.0%
$2,500 to $2,9990.0% (±3.3 points)2.4%2.2%5.5%
$3,000 or more1.0% (±1.5 points)9.1%1.8%6.8%

The most common range is $500 to $999, paid by 40.2% of renting households.

4.8% of rented homes in Siler City cost $2,000 or more a month.

Siler City against Chatham County, its state and the nation

Estimate (90% margin of error)
Siler CityChatham CountyNorth CarolinaUnited States
Median gross rent$1,000 (±$213)$1,180 (±$99)$1,228 (±$5)$1,413
Rented homes paying rent1,284 (±315)5,644 (±705)1,337,899 (±8,405)42,849,984

In Siler City, median gross rent is not measurably different from Chatham County ($1,180).

It is also lower than in North Carolina ($1,228).

It is lower than the national figure ($1,413).

In Chatham County, Siler City ranks 5 of 7 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 261 of 586.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Siler City has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$634 (±$57)$1,000 (±$213)+57.7%No measurable change after inflation
Households that rent46.1% (±6.4 points)44.0% (±9.2 points)−2.1 percentage pointsNot a measurable change
Rental vacancy rate7.6% (±5.8 points)4.7% (±4.2 points)−2.9 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Siler City

Nearest places with a published estimate, compared with Siler City
PlaceDistanceMedian gross rentCompared with this place
Siler City—$1,000 (±$213)—
Staley7.0 mi$869 (±$199)Not measurably different
Liberty11 mi$742 (±$318)Not measurably different
Ramseur11 mi$683 (±$58)Lower
Goldston12 mi$938 (±$553)Not measurably different
Franklinville13 mi$944 (±$97)Not measurably different
Pittsboro17 mi$1,211 (±$279)Not measurably different
Saxapahaw18 mi$753 (±$504)Not measurably different
Asheboro20 mi$906 (±$40)Not measurably different

Nearby places with a measurably lower figure: Ramseur, NC ($683).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Chatham County, place by place

RankPlaceMedian gross rent
1Fearrington Village$3,500 or more
2Briar Chapel$3,177 (±$608)
3Governors Village$1,779 (±$188)
4Pittsboro$1,211 (±$279)
5Siler City$1,000 (±$213)
6Goldston$938 (±$553)
7Moncure$544 (±$373)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Siler City

What is the average rent in Siler City, NC?

The Census Bureau publishes the median rather than the average: the median gross rent in Siler City is $1,000 (±$213) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Siler City?

In Siler City, the median gross rent went from $634 in 2015–2019 to $1,000 in 2020–2024 (+57.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Siler City cost more than $2,000 a month?

4.8% of rented homes in Siler City have a gross rent of $2,000 or more a month, and 9.8% cost less than $500.

Is rent in Siler City higher than in Chatham County?

In Siler City, median gross rent is not measurably different from Chatham County ($1,180).

It is also lower than in North Carolina ($1,228).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Siler City town, North Carolina (place:61860, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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