Wallace, NC rental market

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Last updated August 31, 2025

Rental market summary

The average rent for all bedrooms and all property types in Wallace, NC is $3,000.

Average rent

$3,000

Month-over-month change

-$200

Year-over-year change

+$3,000

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $3,000 to $3,500.

Rent frequencies
Rent priceNumber of rental properties
$2,9001
$3,0001
$3,4001
$3,500+1

Average rent price over time

In the last year, rent has increased by $3,000 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,400$800
May$1,225$1,750
Jul$1,195$600
Aug$1,100$1,500
Oct$1,175$1,100
Nov$1,435$3,200
Dec$2,400No data

Market temperature

The Wallace, NC rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Wallace, NC is 43% higher than the national average.

Wallace, NCvs.

$3,000

$2,100

Rent in Wallace, NC

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Frequently asked questions

1. What is the average rent in Wallace, NC?

The average rent in Wallace, NC is $3,000.

2. How much does it cost to rent a house in Wallace, NC?

Houses in Wallace, NC rent between $3,000 - $3,500 with an average rent of $3,000.

3. How has the rent in Wallace, NC changed in the last year?

In the last year, the rent in Wallace, NC increased by $3,000

4. How much has the rent in Wallace, NC increased/decreased in the last month?

In the last month, the rent in Wallace, NC decreased by $200

5. How many available rentals are there in Wallace, NC?

There are currently 2 rentals available in Wallace, NC.

6. How do rent prices in Wallace, NC compare with the national average?

The average rent in Wallace, NC is $3,000 — 42.86% higher the national average of $2,100.

Nearby areas

Zip codes in Wallace, NC