Highland Creek / Mallard Creek, NC
August 2026
28262,28269
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,327 – $1,387 | 3.00% | 3.21% |
| 2-Bedroom | $1,588 – $1,693 | 1.69% | 4.02% |
| 3-Bedroom | $1,882 – $1,978 | -5.00% | -2.61% |
| 4-Bedroom | $2,630 – $2,793 | 2.54% | 1.03% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,235 – $1,290 | -8.28% | -5.76% |
| 2-Bedroom | $1,638 – $1,746 | 0.67% | 4.72% |
| 3-Bedroom | $2,030 – $2,164 | 1.77% | 3.93% |
| 4-Bedroom | $2,427 – $2,614 | 3.00% | 4.15% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,673 – $1,813 | 0.00% | -35.00% |
| 2-Bedroom | $1,662 – $1,783 | -6.14% | -6.21% |
| 3-Bedroom | $2,012 – $2,115 | 1.11% | 2.72% |
| 4-Bedroom | $2,275 – $2,392 | -0.09% | 0.01% |
In the Highland Creek / Mallard Creek (28262, 28269) rental market, 1-bedroom apartments posted a 3.21% year-over-year increase, reaching $1,357. Month-over-month, rents also rose by 2.99%. This sustained growth positions the 1-bedroom apartment segment as a key driver for rental gains in Highland Creek / Mallard Creek (28262, 28269).
The smallest condo/townhome units in Highland Creek / Mallard Creek (28262, 28269) saw rents decline sharply by 8.28% month-over-month to $1,263, with a -5.76% change over the past year. This marks 1-bedroom condos as the segment experiencing the most pronounced short-term weakness compared to other property types.
Investor insights from Highland Creek / Mallard Creek (28262, 28269) rental trends highlight a $167 premium for 3-bedroom condos and townhomes over 3-bedroom apartments, with median rents at $2,097 and $1,930, respectively. This differential emphasizes the comparatively higher value placed on larger condo units in August 2026.