Average Rent in Cedar Fork, Cary, NC

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Current Versus Historical Cedar Fork, Cary, NC Rents

Cedar Fork rentals average $1,419 for a 1-bedroom rental to $2,550 for a 4-bedroom rental. The median price of all currently available listings is $2,195, or roughly $1 per square feet.
For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $17 (0.94%) year-over-year from $1,834 to $1,852. 1-bedroom rentals prices have decreased by $419 (-23.03%) year-over-year from $1,819 to $1,400. 2-bedroom rentals prices have decreased by $397 (-17.47%) year-over-year from $2,271 to $1,875. 3-bedroom rentals prices have decreased by $124 (-5.57%) year-over-year from $2,219 to $2,095. 4-bedroom rentals prices have increased by $78 (3.13%) year-over-year from $2,473 to $2,550. 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 up by 0.94% this month. 1-bedroom rents have gone down by 15.54% this month. 2-bedroom rents have gone down by 12.24% this month. 3-bedroom rents have gone down by 2.48% this month. 4-bedroom rents have gone up by 1.59% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.24 $1,400 $1,819 (-23.03%) $1,819 (-23.03%)
2 BR $1.37 $1,875 $2,271 (-17.47%) $2,262 (-17.12%)
3 BR $1.16 $2,095 $2,219 (-5.57%) $2,196 (-4.60%)
4+ BR $1.02 $2,550 $2,473 (3.13%) $2,423 (5.26%)

Historical Rents in Cedar Fork, Cary, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Cedar Fork

There are a total of 3 cities nearby Cedar Fork. The average rent in Cedar Fork is currently $1,950 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 $1,900, is the most affordable city nearby. In contrast, the most expensive city near Cedar Fork, Cary, NC is Cary, NC. Monthly rents here are on average $2,198 per month.

Let's compare Cedar Fork, Cary, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 0.14% more affordable. Two bedrooms in Cedar Fork, Cary, NC are about 12.21% more expensive. Finally, rent for three bedrooms are about 6.12% more expensive. Want more information? Check out the top 3 cities near Cedar Fork, Cary, NC in the following chart.
City Studio 1 Bed 2 Bed All
Raleigh, NC $1,795 $1,235 $1,690 $1,900
Durham, NC N/A $1,421 $1,650 $1,950
Cary, NC N/A $1,585 $1,773 $2,198

Top Neighborhoods Near Cedar Fork



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

Top Counties Near Cedar Fork

Some of these counties include Durham, NC, Orange, NC, and Wake, 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 Durham, NC. It's average rent per month is $1,995. Vice versa, with an average rent of $2,050, Wake, NC is the most expensive county by Cedar Fork, Cary, NC.

Typically, rent for studios in Cedar Fork, Cary, NC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Cedar Fork, Cary, NC is 0.70% more affordable than other counties nearby. Finally, rent for two bedrooms in Cedar Fork, Cary, NC is 14.29% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Durham, NC N/A $1,429 $1,650 $1,995
Orange, NC $1,175 $1,600 $1,725 $2,000
Wake, NC $1,923 $1,395 $1,650 $2,050

Top Zipcodes Near Cedar Fork

There are a total of 3 zipcodes in or near Cedar Fork, Cary, NC. The average rent for all of these zipcodes is $2,195. 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 27587, Wake Forest, NC at $1,950 per month. In comparison, the zipcode with the most expensive average rent of $2,250 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 Cedar Fork, Cary, NC is $1,502 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,100 per month. Which comes out to $1 per sqft. The following chart includes the top 3 zipcodes in Cedar Fork, 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 $1,526 $2,169 $2,250
27560, Morrisville, NC N/A $1,502 $2,100 $2,195
27587, Wake Forest, NC N/A N/A $1,348 $1,950

Frequently Asked Questions - Cedar Fork Average Rents

What is the average rent price in Cedar Fork, Cary, NC?
The average monthly rental price for Cedar Fork, Cary, NC apartments for rent is approximately $2,195. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Cedar Fork, 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 Cedar Fork, Cary, NC.
How much is a studio apartment in Cedar Fork, 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 Cedar Fork.
How much is a one bedroom apartment in Cedar Fork, Cary, NC?
The average monthly rental price for one bedroom apartments is $1,419 and an average price per square feet of $2.24. There are a total of 3 one bedroom apartment listings currently available for rent in Cedar Fork.
How much is a two bedroom apartment in Cedar Fork, Cary, NC?
The average monthly rental price for two bedroom apartments is $1,925 and an average price per square feet of $1.37. There are a total of 16 two bedroom apartment listings currently available for rent in Cedar Fork.
How have rent prices in Cedar Fork, Cary, NC changed this year?
Rent prices for rentals in Cedar Fork, Cary, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by -0.23%, two bedroom rental prices have changed by -0.17%, and three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in Cedar Fork, Cary, NC?
A reasonable rent price in Cedar Fork, Cary, NC is around $1,756/month. You can search for these reasonably priced rental listings on RentHop.
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