Average Rent in 27519, Cary, NC

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Current Versus Historical 27519, Cary, NC Rents

27519 rentals average $1,527 for a 1-bedroom rental to $2,595 for a 4-bedroom rental. The median price of all currently available listings is $2,398, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $417 (18.25%) year-over-year from $2,283 to $2,700. 1-bedroom rentals prices have increased by $447 (41.38%) year-over-year from $1,079 to $1,526. 2-bedroom rentals prices have decreased by $4 (-0.22%) year-over-year from $1,934 to $1,930. 3-bedroom rentals prices have decreased by $108 (-4.69%) year-over-year from $2,308 to $2,200. 4-bedroom rentals prices have decreased by $29 (-1.11%) year-over-year from $2,624 to $2,595. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 6.11% this month. 2-bedroom rents have gone up by 2.80% this month. 3-bedroom rents have gone up by 1.62% this month. 4-bedroom rents have gone down by 1.64% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.37 $1,526 $1,079 (41.38%) $1,551 (-1.63%)
2 BR $1.47 $1,930 $1,934 (-0.22%) $1,652 (16.85%)
3 BR $1.09 $2,200 $2,308 (-4.69%) $1,852 (18.81%)
4+ BR $1.08 $2,595 $2,624 (-1.11%) $2,413 (7.56%)

Historical Rents in 27519, Cary, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 27519

There are a total of 3 cities nearby 27519. The average rent in 27519 is currently $1,970 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Raleigh, NC, with an average rent of $1,870, is the most affordable city nearby. In contrast, the most expensive city near 27519, Cary, NC is Cary, NC. Monthly rents here are on average $2,250 per month.

Let's compare 27519, Cary, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in 27519, Cary, NC is inf% more affordable than other cities nearby. One bedrooms are about 1.77% more expensive. Two bedrooms in 27519, Cary, NC are about 20.37% more expensive. Finally, rent for three bedrooms are about 9.32% more expensive. Want more information? Check out the top 3 cities near 27519, Cary, NC in the following chart.
City Studio 1 Bed 2 Bed All
Raleigh, NC $1,750 $1,250 $1,700 $1,870
Durham, NC $1,225 $1,500 $1,695 $1,970
Cary, NC N/A $1,527 $1,750 $2,250

Top Neighborhoods Near 27519



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 27519

Some of these counties include Orange, NC, Wake, NC, and Durham, NC. The average rent for rentals in these counties is $2,000. That's roughly around $1 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Orange, NC. It's average rent per month is $1,995. Vice versa, with an average rent of $2,000, Durham, NC is the most expensive county by 27519, Cary, NC.

Typically, rent for studios in 27519, Cary, NC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 27519, Cary, NC is 13.43% more expensive than other counties nearby. Finally, rent for two bedrooms in 27519, Cary, NC is 20.37% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Orange, NC N/A $1,113 $1,695 $1,995
Wake, NC $1,795 $1,322 $1,700 $2,000
Durham, NC $1,400 $1,500 $1,725 $2,000

Top Zipcodes Near 27519

There are a total of 3 zipcodes in or near 27519, Cary, NC. The average rent for all of these zipcodes is $1,993. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 27606, Wake County, NC at $1,625 per month. In comparison, the zipcode with the most expensive average rent of $2,195 per month is 27560, Morrisville, NC.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 27519, Cary, NC is $613 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,350 per month. Which comes out to $1 per sqft. The following chart includes the top 3 zipcodes in 27519, Cary, NC. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
27560, Morrisville, NC N/A $1,538 $1,595 $2,195
27587, Wake Forest, NC N/A N/A N/A $1,993
27606, Wake County, NC N/A $613 $1,350 $1,625

Frequently Asked Questions - 27519 Average Rents

What is the average rent price in 27519, Cary, NC?
The average monthly rental price for 27519, Cary, NC apartments for rent is approximately $2,398. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 27519, Cary, NC rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 27519, Cary, NC.
How much is a studio apartment in 27519, Cary, NC?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 27519.
How much is a one bedroom apartment in 27519, Cary, NC?
The average monthly rental price for one bedroom apartments is $1,527 and an average price per square feet of $2.37. There are a total of 3 one bedroom apartment listings currently available for rent in 27519.
How much is a two bedroom apartment in 27519, Cary, NC?
The average monthly rental price for two bedroom apartments is $2,135 and an average price per square feet of $1.47. There are a total of 3 two bedroom apartment listings currently available for rent in 27519.
How have rent prices in 27519, Cary, NC changed this year?
Rent prices for rentals in 27519, Cary, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.18%, one bedroom rental prices have changed by 0.41%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in 27519, Cary, NC?
A reasonable rent price in 27519, Cary, NC is around $1,918/month. You can search for these reasonably priced rental listings on RentHop.
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