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MarketsNorth CarolinaWilsonRent Analysis

Rent Analysis: Wilson, NC

Updated 2026 · Based on median market data for Wilson, NC

Cap Rate
5.55%
Median Price
$220K
Rent/Mo
$1,380
1% Rule
0.63%
Fails

Rent Overview

The median monthly rent in Wilson, NC is $1,380, translating to $16,560 in annual gross rental income per unit. The rent-to-price ratio is 0.63% — well below the 1% rule, making pure cash flow investing challenging at median prices.

Rent Affordability

Renters in Wilson spend approximately 28% of the local median household income ($58,267) on rent. This is within the healthy 25-30% range, indicating rent is affordable relative to local incomes. There may be room for moderate rent increases, especially for updated or well-located units.

Vacancy & Tenant Demand

The vacancy rate in Wilson 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.

Gross Rent Multiplier

Wilson's GRM (price divided by annual rent) is 13.3x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.

Rental Income Projection

At the median rent of $1,380/mo, a single-family rental in Wilson generates approximately $16,560 in gross annual income. After accounting for 5.3% vacancy ($878 lost), property taxes of $1,716, insurance (~$880), and maintenance (~$880), the estimated NOI is $12,206 per year, or $1,017/mo.

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How Wilson Compares

Wilson vs North Carolina state average and national average across key investment metrics. Wilson outperforms both benchmarks on cap rate.

Metric
Wilson
North Carolina Avg
National Avg
Cap Rate
5.55%
4.45%
3.81%
Median Price
$220K
$307K
$333K
Median Rent
$1,380
$1,501
$1,524
Property Tax
0.78%
0.78%
1.08%
Vacancy
5.3%
5.3%
5.6%
Pop. Growth
1.5%/yr
1.5%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Wilson, NC
5.5%
$220K
$1,380
0.78%
Corpus Christi, TX
4.8%
$220K
$1,420
1.68%
Gulfport, MS
5.7%
$220K
$1,420
0.68%
Hammond, LA
5.3%
$220K
$1,310
0.54%
Thomasville, GA
7.1%
$220K
$1,720
0.93%

Frequently Asked Questions

What is the average rent in Wilson, NC?
The median monthly rent in Wilson is $1,380, or $16,560 per year. This is 9% below the national average of $1,524/mo. Rent levels vary by neighborhood, property condition, and unit size — always verify comparable rents for your target property.
Is Wilson a good rental market for landlords?
With a rent-to-price ratio of 0.63%, Wilson falls below the 1% rule, meaning cash flow depends on buying below median or achieving above-median rents. The 5.3% vacancy rate signals tight rental demand, favorable for landlords.
How does Wilson rent compare to North Carolina averages?
Wilson's median rent of $1,380/mo is 8% below the North Carolina average of $1,501/mo. Home prices at $220K are below the state average of $307K, giving Wilson a rent-to-price ratio of 0.63% vs 0.49% statewide.
What is a good rent-to-price ratio?
The 1% rule says monthly rent should be at least 1% of purchase price ($1,000/mo rent on a $100,000 home). Wilson's ratio is 0.63%. Generally, above 0.8% is workable with good financing, above 1% is strong, and above 1.2% is exceptional. The national average across the 300+ cities we track is 0.46%.
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Explore Wilson & Related Markets

More Wilson Guides

Rental Property Investment GuideProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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