Direct recent-lease rent history
Monthly overall-rent index; missing observations are not filled from another geography.
FIPS 37001 · population 176,893 · part of Burlington, NC
The latest county-level Zillow ZORI is $1,339 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $992 | Alamance County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,230 | Alamance County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,348 | Alamance County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $1,670 | Alamance County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $1,972 | Alamance County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 37001. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Alamance County presents a split diligence case: the published market-rent yield and net-positive migration, with incoming movers reporting higher average AGI than outgoing movers, support investigation by buyers focused on current income. Buyers relying on rapid resale or a broadening job base should be cautious, because county-level migration does not identify neighborhoods, tenure, or housing choices.
In Zillow’s 2026-06 county measure, median home value was $298,620 and median asking rent was $1,339 per month, producing the supplied 5.38% gross yield before operating costs. The effective property-tax rate was 0.62%, so tax should remain in the carrying-cost review rather than be confused with yield. HUD’s two-bedroom FMR is a payment standard, not an asking-rent estimate. FHFA’s 2025 annual repeat-transaction HPI rose 1.29%; it indicates positive indexed appreciation but is neither a dollar home value nor interchangeable with Zillow’s different vintage and method.
Realtor.com’s 2026-06 MLS snapshot showed 594 active listings, a 55-day median marketing time, and 20.24% of listings reduced in price. These are visible asking-market supply and concession signals, not sale prices or proof of buyer demand. Investor mortgages represented 9.37% of purchases—235 of 2,509—so investor participation is present but should be assessed against deal-level competition rather than assumed to set market pricing.
Risk review begins with inland flood: the published modeled climate-loss ratio is building-value exposure, not a property-specific loss estimate, so parcel flood maps, insurance quotes, and mitigation records remain necessary. Annual QCEW workplace data for 2025 show covered employment down 1.67%, while the average covered-worker wage increased; this is neither resident employment nor an unemployment measure. Trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy. Missing operating expenses, vacancy, insurance, debt terms, property condition, and closed-sale comparables prevent net-cash-flow, affordability, and resale underwriting.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.116% of building value expected lost per year
$1,494 median annual bill
5,518 in · 4,543 out
$59,583 arriving · $54,497 leaving
235 of 2,509 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
No. It is a two-bedroom payment standard; the record separately publishes median asking rent.
QCEW annual average covered employment at workplaces in the county, not resident employment or unemployment.
It measures purchase mortgages to non-occupants as a share of total purchase mortgages.