Updated 2026 · Based on median market data for Lumberton, NC
The median monthly rent in Lumberton, NC is $1,050, translating to $12,600 in annual gross rental income per unit. The rent-to-price ratio is 0.81% — below the 1% rule but within a range where deals can work with good financing.
Renters in Lumberton spend approximately 22% of the local median household income ($58,267) on rent. This is well below the 30% threshold, suggesting significant headroom for rent increases. Tenants can afford to pay more, which is bullish for landlords.
The vacancy rate in Lumberton is 5.3%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 1.5% annually is actively adding rental demand.
Lumberton's GRM (price divided by annual rent) is 10.3x. A GRM under 12x is excellent — it means you're paying less than 12 years of gross rent for the property, suggesting strong income relative to price. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,050/mo, a single-family rental in Lumberton generates approximately $12,600 in gross annual income. After accounting for 5.3% vacancy ($668 lost), property taxes of $1,014, insurance (~$520), and maintenance (~$520), the estimated NOI is $9,878 per year, or $823/mo.
Lumberton vs North Carolina state average and national average across key investment metrics. Lumberton outperforms both benchmarks on cap rate.