Is Carrboro, NC a good place to invest in rental property?

Carrboro, NC has a median modeled monthly cash flow of $-2,164 and a median cap rate of 1.5%, on a median sold price of $595,000. Prices changed -3.5% year over year.

What is the average cap rate in Carrboro, NC?

The median cap rate across recently sold homes in Carrboro, NC is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carrboro, NC?

The median sold price in Carrboro, NC is $595,000 (about $288 per square foot).

Investing in Carrboro, NC Real Estate

A data-driven snapshot of the Carrboro, NC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$595,000Median sold price

$288Median $/sqft

1.5%Median cap rate

$-2,164Modeled cash flow / mo

-3.5%Appreciation YoY

10.1Months of supply

172Active listings

204Sold (last 12 mo)

What the Carrboro numbers say

In Carrboro, NC, the median home sold for $595,000 (about $288 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-2,164 of monthly cash flow. Sold prices moved -3.5% over the past year. Inventory sits at about 10.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other North Carolina markets to compare

See Carrboro cash-flowing listings

CashFlowRE ranks every for-sale home in Carrboro, NC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Carrboro deals, or browse the national market data.