Average Rent in Cary, NC

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Current Versus Historical Cary, NC Rents

Cary 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 $2,200, 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 $618 (42.41%) year-over-year from $1,457 to $2,075. 1-bedroom rentals prices have increased by $192 (14.37%) year-over-year from $1,335 to $1,527. 2-bedroom rentals prices have increased by $108 (6.60%) year-over-year from $1,642 to $1,750. 3-bedroom rentals prices have increased by $162 (7.95%) year-over-year from $2,033 to $2,195. 4-bedroom rentals prices have increased by $50 (2.00%) year-over-year from $2,498 to $2,548. 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 5.10% this month. 2-bedroom rents have gone up by 5.79% this month. 3-bedroom rents have gone up by 1.82% this month. 4-bedroom rents have gone down by 1.29% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.37	$1,527	$1,335 (14.37%)	$1,401 (9.02%)
2 BR	$1.46	$1,750	$1,642 (6.60%)	$1,463 (19.59%)
3 BR	$1.13	$2,195	$2,033 (7.95%)	$1,780 (23.31%)
4+ BR	$1.06	$2,548	$2,498 (2.00%)	$2,349 (8.44%)

Historical Rents in Cary, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Cary

There are a total of 2 cities nearby Cary. The average rent in Cary is currently $1,898 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Raleigh, NC, with an average rent of $1,850, is the most affordable city nearby. In contrast, the most expensive city near Cary, NC is Durham, NC. Monthly rents here are on average $1,945 per month.

Let's compare Cary, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in Cary, NC is inf% more affordable than other cities nearby. One bedrooms are about 11.23% more expensive. Two bedrooms in Cary, NC are about 6.91% more expensive. Finally, rent for three bedrooms are about 10.42% more expensive. Want more information? Check out the top 2 cities near Cary, NC in the following chart.

City	Studio	1 Bed	2 Bed	All
Raleigh, NC	$1,723	$1,250	$1,650	$1,850
Durham, NC	$1,225	$1,461	$1,650	$1,945

Top Neighborhoods Near Cary

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Cary

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 Cary, NC.

Typically, rent for studios in Cary, NC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Cary, NC is 13.29% more expensive than other counties nearby. Finally, rent for two bedrooms in Cary, NC is 4.37% 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	$1,250	$1,695	$1,995
Wake, NC	$2,150	$1,324	$1,650	$2,000
Durham, NC	$1,225	$1,479	$1,695	$2,000

Top Zipcodes Near Cary

There are a total of 4 zipcodes in or near Cary, NC. The average rent for all of these zipcodes is $2,109. A total of 2 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 $1,673 per month. In comparison, the zipcode with the most expensive average rent of $2,350 per month is 27519, Cary, NC.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Cary, NC is $1,073 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,663 per month. Which comes out to $1 per sqft. The following chart includes the top 4 zipcodes in Cary, NC. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
27519, Cary, NC	N/A	$1,527	$2,043	$2,350
27560, Morrisville, NC	N/A	$1,521	$1,900	$2,225
27587, Wake Forest, NC	N/A	N/A	N/A	$1,993
27606, Wake County, NC	N/A	$625	$1,425	$1,673

Frequently Asked Questions - Cary Average Rents

What is the average rent price in Cary, NC?

The average monthly rental price for Cary, NC apartments for rent is approximately $2,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Cary, NC.

How much is a studio apartment in 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 Cary.

How much is a one bedroom apartment in 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 5 one bedroom apartment listings currently available for rent in Cary.

How much is a two bedroom apartment in Cary, NC?

The average monthly rental price for two bedroom apartments is $1,773 and an average price per square feet of $1.46. There are a total of 18 two bedroom apartment listings currently available for rent in Cary.

How have rent prices in Cary, NC changed this year?

Rent prices for rentals in Cary, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.42%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in Cary, NC?

A reasonable rent price in Cary, NC is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.