The average rental cost for a one-bedroom apartment in Greensboro, Winston-Salem or Fayetteville is typically under $1,000 per month. However, if you’re a millennial you need to be prepared to pay 11.5% more on average for housing across these and three more North Carolina cities.
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This percentage is part of key findings from a recent GOBankingRates study analyzing the average rental cost across major U.S. cities. Supporting data factored in came from the U.S. Census American Community Survey, Sperling’s BestPlaces, ApartmentList and the Zillow Home Value Index. We added the 11.5% to the average one- and two-bedroom rent in six North Carolina cities and rounded up to the nearest dollar amount.
Keep reading to find out how much millennials pay for rent in six popular North Carolina cities .