$750 Per Month
- 1 Bed
- 1 Bath
- 650 Sq Ft
- Condo for Rent
317 Caswell St Unit 2, Burlington, NC 27217
Property Id: 1349278Water, sewer and trash included. Minutes from downtown Burlington and Elon.
(336) 221-3907
Frequently Asked Questions
How much does it cost to rent a condo in Burlington, NC?
The median rent for a condo in Burlington, NC is $1,100 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Burlington, NC?
To comfortably afford the median rent in Burlington, NC, a household needs to earn roughly $51,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,295 per month in Burlington, NC, renters typically need to show $3,885 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Burlington, NC?
In Burlington, NC, the price-to-rent ratio is 17.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Burlington, NC are best for renting a condo?
The best neighborhood for renting in Burlington, NC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include East Burlington, Downtown Greensboro, Vandalia, West Burlington and Eastside Park, each with its own character and price range.
